No middle ground on operational risk debate

ARTICLE - While regulators insist they are well on their way down the road to new international capital standards, bankers say they are following the wrong map to destinations unknown. From American Banker, 12 August.

At a recent symposium on risk management, a top official with the Federal Reserve Bank of New York discussed interagency working groups and Fed task forces designed to prepare examiners for the implementation of the new Basel Accord. The accord, expected to be finalized next year

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