Regulators won’t charge against expected op losses


BASLE, SWITZERLAND -- Global banking regulators will not require capital charges under the proposed Basle II banking accord for expected operational losses -- such as from credit card fraud -- where a bank shows it has budgeted adequately for such losses.

The decision is a milestone in the regulatory treatment of operational risk, say banking industry analysts. It is likely to relieve the concerns of bankers who feared banks would have to reserve more capital than necessary to guard against both

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here