Risk Management

PRA says Basel '3.1’ will not see material rises in UK bank capital requirements

By Justin Pugsley
BRR fallback image

On November 30, the PRA published a consultation where it stated that its proposals would narrow the output gap between risk weights calculated by internal models versus standardised ones. 

In particular, the Basel 3.1 rules ban internal models in some areas, such as operational risk, and credit valuation adjustment (CVA) ...

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