Basel III has developed other instruments, such as the leverage ratio, to fight against risks of modelling and misuse. 4. Internal models for calculating operational risks, known as AMAs, should be done away with as planned and an appropriate standard solution used instead. 4.
Outlook for Basel III Though there is still much work to be done in Basel, before I close, I’d like to take this opportunity to emphasise just how much progress has already been made at the Basel Committee meetings thus far.