OpRisk North America: Standardised approaches under-calibrated, Basel's Adachi tells conference

Large banks holding too little capital, regulator warns

Mitsutoshi Adachi, speaking at OpRisk North America 2014

Banks' frameworks under the standardised approaches to operational risk measurement are generally under-calibrated, OpRisk North America in New York heard yesterday. In a review of the standardised approaches, initial results found that large banks were not calibrated effectively, which is of serious concern, said Mitsutoshi Adachi, chair of the working group on operational risk at the Basel Committee for Banking Supersivion and director of the examination planning and review division at the