Op risk sound practices paper delayed yet again
BASLE, SWITZERLAND -- Global banking regulators delayed publication of their operational risk sound practices paper yet again in November.
They now hope the paper, provisionally titled ‘Sound Practices for the Management and Supervision of Operational Risk’ and originally intended for issue by the middle of this year, will appear by the end of December or beginning of January.
Officials said in late November that the delay reflects the expansion of the report’s scope and aims since its planned
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