Washington Wrap-up - February 2018
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On December 7, 2017, the Basel Committee issued its longawaited revisions to the Basel III framework originally issued in 2010. The revisions include replacing the advanced measurement approaches to calculating operational risk capital with a single standardized measurement approach (SMA).
Author: Edward J. DeMarco Jr. | Bernard Mason
RMA Journal Article. February 2018 Issue.
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Item Details
Publication Date: | 02/01/2018 |
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Author: | Edward J. DeMarco Jr. | Bernard Mason |
Summary: | On December 7, 2017, the Basel Committee issued its longawaited revisions to the Basel III framework originally issued in 2010. The revisions include replacing the advanced measurement approaches to calculating operational risk capital with a single standardized measurement approach (SMA). |