BCBS Consultation on the Standardised Measurement Approach for operational risk

BCBS Consultation on the SMA for operational risk

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BCBS Consultation on the Standardised Measurement Approach for operational risk

The Basel Committee on Banking Supervision (BCBS) has released a consultative document on the Standardised Measurement Approach (SMA) for operational risk calculation, superseding an earlier consultation and replacing the previous three approaches with the new SMA. In this publication we highlight the key changes and potential impacts.

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