– Regulators that sit on the Basel Committee are attempting to thrash out the appropriate accounting treatment for operational risk expected loss (EL). A regulatory source points out that if a US firm has a loan loss reserve, the firm will get credit for that in its capital calculations. In op risk, however, practices vary. A number of US institutions have reserves for some kinds of EL – for example, some set aside money to cover legal expenses and possible payouts

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


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

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