Bank Al-Maghrib - Circular No. 8/G/2010 - On the Capital Requirements for the Credit, Market and Operational Risks

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The Bank Al-Maghrib's Circular No. 8/G/2010 sets out the risk management procedures for credit, market and operational risks incurred by credit institutions. The circular outlines two main approaches for managing these risks: internal and advance measurement. Internal approaches rely on internal systems. For risk measurement, these approaches include: internal rating approaches for credit risk; the approach of internal models for market risks; and the advanced measurement approach for operational risks. The advanced measurement approach is an approach to risk assessment based on quantitative methods, based on modeling risk, and/or qualitative losses. The document is divided into several chapters, and covers the following topics:

1. Provisions Relating to the Measurement of Credit Risk Internal Rating Approaches
2. Arrangements for the Measurement of Market Risk Internal Models Approach
3. Provisions on Measurement of Operational Risk According to the Advanced Measurement Approach

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Document Type: 
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Year of Document: 
2010
Date of Document: 
Friday, December 31, 2010
Document Authors: 
Bank Al-Maghrib
Language (This Document): 
French

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