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The Big Unknown

Thomas Kaiser and Marcus Kriele look at different approaches to the determination of expected loss

SOME banks have been developing models to quantify operational risk for more than a decade. That effort has been stimulated more recently by the introduction of the advanced measurement approach (AMA) into the spectrum of approaches for determining regulatory capital under Basel II (as well as the EU Capital Requirements Directive and the respective national banking acts being drafted based on it)

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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