Ingves: internal modelling may create too much complexity

stefan-ingves-2
Stefan Ingves

Internal modelling introduces complexity and creates a number of unappealing side-effects, Basel Committee on Banking Supervision chairman Stefan Ingves said on December 2.

Delivering a keynote address in Santiago, Chile, where the Basel Committee had just met, Ingves said the post-crisis regulatory framework "continues to be quite complex". Calculating regulatory capital requirements typically requires several thousand parameters, he said.

"Complex rules can result in a number of undesirable

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: