Basel II op risk survey planned for June 1

Global banking regulators hope to issue another survey on June 1 seeking information from banks on their operational losses, in order to help with the development of the Basel II bank capital adequacy accord, said regulators in late April.

As Operational Risk went to press, the June-1 date was subject to the proviso that no major revisions to the survey will have to be made in light of banking industry and regulator comment on its format.

The survey - known as the second tranche of the third Basel II quantitative impact study (QIS3) - will seek further data on losses from such hazards as fraud, technology failure and trade settlement errors.

The information from the survey will aid regulators in their refining of the advanced

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net 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