Banks Experimenting With Op Risk Methodologies, Says BIS Survey


ZURICH--Banks are beefing up internal controls and experimenting with methods to quantify operational risk, according to a report on operational risk management released by The Basle Committee of the Bank for International Settlements (BIS). The report stems from a series of interviews that the committee conducted with some 30 banks.

Many banks are working towards developing a methodology to quantify operational risk, says the report. However, it says thus far the methodologies are "relativel

To continue reading...

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 indvidual account here: