Feature
Could do better
David Rowe argues that the Basel Committee can provide better incentives for improved operational risk management than those implicit in the draft revision to the capital Accord.
Banks and investment firms: not peas in an Op Risk pod
The Basel Committee’s op risk proposals threaten to damage European investment firms, says Angela Knight. She calls for a broader review of the problems.
Basel II could endanger stability if cuts in capital charges are too big, says UK central banker
Financial stability would be endangered if new capital adequacy rules meant large international banks saw a significant cut in the capital they have to set aside against the risks of banking, a senior UK central banker said in April.