Foreign exchange
Do we need a broader definition of op risk?
A definition of op risk should embrace the linkages with market and credit risk, argues Ken Swenson.
What can loss databases do for you?
Many banks need to understand fully the role that external op risk loss databases can play.
Banks face challenge assessing benefits of Basel II op risk approaches, says Andersen
Calculating the benefit for banks of adopting the more complex methods of arriving at an operational risk capital charge is very challenging because of uncertainties over the factors involved.
Basel discussion document will centre on internal measurement approach
Global banking regulators intend to issue in June or July a special discussion document on operational risk in the context of Basel II, the new capital adequacy accord proposed for large international banks from 2004.
Unleashing Asia's demons
The Basel Committee’s new consultative paper on capital adequacy could wreak havoc with Asia’s domestic banks. The revamped rules will make the shortcomings of their risk management systems all too clear.
Do we need a broader definition of op risk?
BASLE II UPDATE
What can loss databases do for you?
BASLE II UPDATE
New UK money laundering research starts in April
MONEY LAUNDERING
An advanced model for op risk capital calculation
BASLE II UPDATE
Insurers seek a united front to put the case for Op Risk insurance
Leading insurance companies are looking at ways of forming an industry body to put the case for using insurance to help mitigate operational risks faced by banks, industry executives say.
EU anticipates critics in its Op Risk charge proposals
While debates still rumble on over the new Basel capital accord, the European Union Commission's capital adequacy rules are prompting another set of arguments.
Regulators may issue Basel II discussion document in response to banker fears
Global banking regulators are likely to issue an interim discussion document in June or July on their proposals for a new bank capital accord, in a response to banker concerns about the complexity of those plans.
Boom or bust for risk consultants
Basel capital reform should mean a lot more business for risk management consultants. But a shortage of the right specialists could prevent them from cashing in.
Basel's new credit model
The Basel Committee’s new consultative paper allows banks to internally rate individual credits. But at the portfolio level, Basel wants to apply a single model framework, based in part on a technical paper published in Risk magazine in October 1998.