The death of one thousand flowers or the AMA reborn?

Volume: 11, Issue: 4, Pages: 79 - 91
Published: Dec 1, 2016
Abstract
This paper explores the reasons for the pending demise of the advanced measurement approach (AMA) to operational risk, which was introduced through Basel II in 2004. The author identifies a number of drivers of the Basel Committee on Banking Supervision (BCBS) decision, and argues that, although the drivers of the BCBS decision to withdraw the AMA include failings on the part of banks, there have also been significant regulatory failures that...
Paper Details
Title
The death of one thousand flowers or the AMA reborn?
Published Date
Dec 1, 2016
Volume
11
Issue
4
Pages
79 - 91
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