Standardised approach may receive op risk charge cut, says ECB official
The operational risk charge related to the Basel II 'standardised approach' may be cut in the third consultative paper (CP3) due for release next month by the Basel Committee on Banking Supervision, according to Panagiotis Strouzas, a senior expert in the financial supervision division in the European Central Bank's Directorate of Financial Stability and Supervision.
Strouzas said he had
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