Operational risk capital
Basel’s Adachi: banks may discard some loss data under SMA
Losses from discontinued businesses may not count towards op risk capital
Euro banks to bear brunt of €115bn SMA capital hike: study
"You will get some winners and some losers, but with this it's mostly losers," says ORX's Carrivick
Correlation of op risk losses could send capital soaring
BB&T auditor's model shows capital measured by LDA might be pushed up by 16–55%
Conference hears fierce criticism of Basel op risk plans
Op risk professionals pour scorn on SMA charge, but some bank experts speak out in favour
Basel op risk reform proposal expected to be delayed
Consultation on scrapping operational risk modelling is now expected in early 2016
Basel Committee readies op risk and FRTB releases
Supervisors under pressure to finalise post-crisis reforms to capital rules
Comparing alternative mixing models for external operational risk data
Mixing, not scaling, best approach for using external losses
Independent asset managers lag bank, insurer-owned peers on op risk
Capital requirements incentivise banks and insurers to enhance op risk management
A weighted likelihood estimator for operational risk data: improving the accuracy of capital estimates by robustifying maximum likelihood estimates
This paper proposes the use of a robust generalization of MLEs for the modeling of operational loss data.
UK banks saddled with 'blunt' op risk capital add-on
Criticism of Pillar 2 risk insensitivity
New op risk capital approach has its own problems – Leipoldt
OpRisk Asia: Revised standardised approach an improvement but no panacea
Top 100 Banks: losses fall in 2014
OpRisk database sees loss figures improve
Shapley allocation for operational risk capital
Mitic from Santander UK lauds method for allocating capital between business units
Banks' op risk losses dropped in 2014, survey finds
OpRisk Top 100 list sees losses reduce by 27%
Measuring the business value of operational risk management
Case for ORM goes beyond capital and compliance benefits
Op risk models must aid management to be effective, conference hears
Quantifying risks useful, but only when informing decision making
PRA's Pillar 2A consultation may point way ahead for AMA
PRA capital methodology will change rules for modelling
Aligning risk management framework with risk appetite
Ariane Chapelle sets out metrics and tools to keep firms within their risk appetite
Operational risk scenarios – Bridging the gap between risk quantification and risk management
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Op risk analysis underrates human behaviour – Fed examiner
Risk managers urged to focus on group dynamics
Op risk management has tangible benefits, firms claim
Advantages include lower costs and capital
Banks fear ill-aligned op risk capital under new simple method
Proposals for revised standardised approach receive mixed response
Op risk capital would double under Basel's RSA proposals – ORX
Proposed revised standardised approach would hit big banks hardest