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07 January 2004

FEFSI: Review of Capital Requirements for Banks and Investment Firms





FEFSI submitted their comments on the proposed modification of the treatment of expected and unexpected losses, whereby expected losses could be excluded from the calculation of the capital needed by banks using the internal ratings based (IRB) approaches. FEFSI believes that the proposed modification should also apply to the treatment of operational risk under the Advanced Measurement Approaches

Letter


© FEFSI


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