Over the past year the Basel Committee on Banking Supervision has refined its approach to setting minimum capital requirements for operational risk (see “Regulatory Treatment of Operational Risk” in ...
The decision whether to allow US banks to take the basic indicator approach or standardised approach to Basel II will depend for the most part on the route the US Interagency authorities take on ...
The Basel guidelines on operational risk reinforce the relevance of so-called residual risk and outline procedural changes to demonstrate and reinforce policy effectiveness. Banks have been encouraged ...