Public Comment, Supervisory Guidance on AMA for Operational Risk, Risk Management Assn.
-zzztrna@ Servrng the Frnanc~ai Services Industry 1801 Market St. Suite 300 Philadelphia, PA 191 03-1628 Telephone 21 5-446-4000 Fax 21 5-446-4101 www.rrnahq.org May 24,2007 Office of the Comptroller of the Currency 250 E. Street, S.W. Mail Stop 1--5 Washington D.C. 2021 9 Jennifer J. Johnson, Secretary Board of Governors of the Federal Reserve System 2oth Street and Constitution Avenue, NW Washington D.C. 2055 1 Robert E. Feldman, Executive Secretary Attention: Comments RIN 3064 - AC73 Federal Deposit Insurance Corporation 550 17" Street, NW Washington D.C. 20429 Regulation Comments Chief Counsel's Off~ce Office of Thrift. Supervision 1700 G. Street, N.W. Washington D.C. 20552 Attention: No. 2007 - 06 Industry Response to Proposed Supervisory Guidance on AMA for Operational Risk and the Supervisory Review Process (Pillar 2) Re: Basel I1 OCC Docket Number 2007-004 FRB OP- 1277 FDIC Re: Basel I1 Supervisorv Guidance OTS No. 2007-06 Ladies and Gentlemen: On behalf of the Advanced Measurement Approaches Group (AMAG)', 1 am writing to convey our industry Group's response to your Proposed Supervisory Guidance on AMA for Operational Risk and the Supervisory Review Process (Pillar 2) Related to Basel I1 Implementation. ' The Advanced Measurement Approaches Group (AMAG) was formed in mid-2005 at the suggestion of the U S. Inter-Agency Working Group on Operarional Rtsk. The AMAG is open to any banking and/or financial institution regulated in ...