Source · Select Committees · Financial Services Regulation Committee
Recommendation 49
49
Paragraph: 252
Firms that use the standardised approach generally have higher capital requirements than firms that use...
Conclusion
Firms that use the standardised approach generally have higher capital requirements than firms that use the IRB. Obtaining approval for internal models is a lengthy and costly process which favours larger firms.
Paragraph Reference:
252
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗