The banking press has recently reported a renewed interest in the Standardized Approach to Basel II, following-up on the dialogue between Senator Paul Sarbanes and FRB Chairman Ben Bernanke during a Senate Banking Committee hearing.
CSBS Vice President & Director of Regulatory Affairs Michael Stevens and Dr. Katherine Wyatt, Director of Research for the New York State Banking Department, discuss the significance of the Standardized Approach and how it compares with the Advanced Approach and the Basel IA proposal for domestic banks.
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