Basic indicator approach (BIA)
Regulators move to impose AMA capital floors
Floor flaws
A simple formula for operational risk capital
A new formula from the Japanese FSA allows a straightforward and risk-sensitive calculation of capital levels, which could mean many banks increasing their AMA capital holdings
UK FSA’s new standardised approach paper not just for TSA firms
New paper from the UK FSA sets out guidelines for TSA operational risk frameworks
OpRisk Europe: The slow drive for change
Speakers at OpRisk Europe agreed that, while change in op risk legislation and capital calculation is necessary, it needs to be undertaken slowly and carefully
Sigor assesses QIS data but capital rule changes will wait
Basel Committee considers recalibrating the simpler approaches to op risk measurement but says changes will happen later rather than sooner
Change is the only constant
Regulatory change is inevitable, but those in Basel say they are taking it slow
Review imposes op risk capital charge on non-bank lenders
Mortgage lenders must hold capital for operational risk
Sheen: The FSA's go-to guy for op risk
Andrew Sheen at the UK Financial Services Authority has rapidly become one of the most respected experts in operational risk, perhaps due to his clear vision of where the profession needs to go and what it must do to get there.
FSA seeks to enhance op risk frameworks
UK regulator moves forward with its work stream focusing on raising the bar for TSA firms
Passage to India
It’s a long way from Basel to Mumbai, and it will be a while before India’s banks have fully implemented the Basel II capital requirements framework. OR&R looks at how far they have come, and the obstacles they must overcome on the path ahead
Road to transition
For a moment it looked as if the post-crisis drive for reform was losing momentum. But the Basel Committee on Banking Supervision has established working groups to keep the industry focused, and to propose ways to keep moving forward
Sigor to recalibrate TSA betas for operational risk capital
Rumours that regulators will be recalibrating the TSA betas have been proven true
EU CAD: behind the smiles
The industry is putting on a brave face when commenting on the latest proposals for the EU Capital Adequacy Directive, but all is not as it seems.
EU CAD: behind the smiles
The industry is putting on a brave face when commenting on the latest proposals for the EU Capital Adequacy Directive, but all is not as it seems.
EU CAD: behind the smiles
The industry is putting on a brave face when commenting on the latest proposals for the EU Capital Adequacy Directive, but all is not as it seems.
Basel II Alert - Highlight of Critical Changes
It has been more than six years in the making, but the final text of the Basel II framework has arrived. The Basel Committee on Banking Supervision published the text at the end of June to a mix response from the financial services industry.
Tweaks to op risk in Basel II in pipeline
The Basel Committee on Banking Supervision announced in mid-May that it would delay the implementation of the advanced measurement approach (AMA) for op risk, as well as the advanced internal ratings-based approach for credit risk, until the end of 2007…
UK banks blame FSA and EU as they fall behind in the compliance race
UK banks are slipping behind in their preparation for the operational risk portions of Basel II, as well as lowering their expectations of the level of compliance they will be able to achieve. Many firms are quietly beginning to blame the country's…
UK banks blame FSA and EU as they fall behind in the compliance race
UK banks are slipping behind in their preparation for the operational risk portions of Basel II, as well as lowering their expectations of the level of compliance they will be able to achieve. Many firms are quietly beginning to blame the country's…
UK banks blame FSA and EU as they fall behind in the compliance race
UK banks are slipping behind in their preparation for the operational risk portions of Basel II, as well as lowering their expectations of the level of compliance they will be able to achieve. Many firms are quietly beginning to blame the country's…
CP189: the FSA yet to clarify rules for key op risk issues
LONDON - UK firms are faced with more questions than answers in the operational risk portions of the latest consultation paper from the FSA, CP189: Report and first consultation on the implementation of the new Basel and EU capital adequacy standards,…