Similarly, the AMA framework requires a more systematic approach for assessing the operational risk to which a bank is exposed and ties an explicit regulatory risk-based capital requirement to these exposures. Under Basel I, this charge was indirect and embedded in credit and market risk measures.
9  For more information, see Board of Governors of the Federal Reserve System (2009), "Federal Reserve Approves Final Amendments to Regulation Z That Revise Disclosure Requirements for Private Education Loans”, press release, July 30; Board of Governors of the Federal Reserve System (2009), "Federal Reserve Announces Final Rules Prohibiting Institutions from Charging Fees for Overdrafts on ATM and One-Time Debit Card Transactions”, press release, November 12; and Board of Governors of the Federal Reserve System (2010), "Federal Reserve Approves Final Rules to Protect Credit Card Users from a Number of Costly Practices”, press release, January 12.