The Basel Committee on Banking Supervision has issued for public comment a paper entitled ‘Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA)’. The paper sets out principles related to two important topics in the implementation of the advanced measurement approaches for operational risk under Basel II. The first set of principles focuses specifically on supervisory co-operation in the context of banks implementing an AMA. These principles are intended as a supplement to the paper ‘Home-host information sharing for effective Basel II implementation’ issued by the Committee in June 2006. The second set of principles builds on the 2004 paper ‘Principles for the home-host recognition of AMA operational risk capital’ and specifically addresses allocation mechanisms developed as part of a hybrid AMA.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more