The Basel Committee on Banking Supervision has proposed a simplified alternative to the market standardized approach in an effort to facilitate
Use of the proposed “Simplified Alternative” would be subject to national supervisory approval and oversight, and available only to smaller, less complex banks or credit unions. The proposal includes a simplified version of the sensitivities-based method (“Standardized Approach”) which is the primary component of the Standardized Approach. The Basel Committee last updated the standardized approach to market risk in January of 2016
WOCCU's initial summary and analysis of the proposal can be found here.
Please provide comments to Andy Price, Regulatory Counsel at firstname.lastname@example.org by September 21, 2017.