The Basel Committee on Banking Supervision has published a paper entitled Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA). The primary objectives of the paper are:
- To clarify the key elements of supervisory cooperation with respect to the implementation of AMA and establish a framework of principles to facilitate information sharing in the assessment and approval of AMA methodologies.
- To establish a set of principles to promote the development and assessment of allocation mechanisms incorporated in a hybrid AMA.
Also, in Annex 1 of the paper there are examples of information sharing for the effective implementation of an AMA.
View Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches, (PDF 85KB), 29 November 2007