Advanced Measurement Approach for Operational Risk: Scenario Based Approaches

Banks complying with BASEL II guidelines can enjoy reduced capital requirements if they follow the advanced measurement approach (AMA) for Operational Risk. As per BASEL ...

Solvency II is the proposed new EU legislation which will govern the capital requirements of insurance companies. Solvency II aims to align capital adequacy requirements of insurance companies with the true risk profile of the organisations. The deadline for the implementation of Solvency II has been shifted from 2010 to 2012. Although this may seem to be quite distant, there is considerable work that needs to be performed and a number of activities that insurers could start in order to prepare themselves. Solvency II will affect all insurers in the EU, including domestic offices of non-EU parents