Basic shortcomings


The Basle regulators have missed their chances with their latest op risk paper, argues Jacques Pézier

Old bankers used to say: "Changes, even for the better, are always unsettling." The risk management group of the Basle Committee on Banking Supervision continues its fine balancing act on operational risk capital charges: changes should be for the better, but not so drastic as to have significant consequences.

With its ‘CP2½’ working paper on operational risk, published in September, the Basle

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