Sigor chair warns rising op risk losses not reflected in capital

Mark Sands
24 Mar 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Mitsutoshi Adachi, chair of the Basel Committee's sub-group on operational risk (Sigor), has warned the latest data on operational risk losses might not be reflected in the capital held aside by institutions.

In his keynote address on the first day of Operational Risk & Regulation's OpRisk North America conference, Adachi said the latest quantitative impact study (QIS) data shows that over 2008 and 2009, operational risk losses rose "two or three fold".

Adachi said regulatory requirements on

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]