Q-64. Each of the following is true about Advanced Measurement Approach (AMA) to operational risk under Basel III except which is false? | Financial Risk Manager Part 2 Quiz - LeetQuiz
Financial Risk Manager Part 2
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Q-64. Each of the following is true about Advanced Measurement Approach (AMA) to operational risk under Basel III except which is false?
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Under the AMA, a bank must develop specific policies and have documented criteria for modeling operational risk.