Sigor plans new LDCE to capture operational risk losses since crisis
The Basel Committee on Banking Supervision's Standards Implementation Subgroup on Operational Risk (Sigor) is still wading through the data gathered from the sixth quantitative impact study (QIS 6), but sources suggest another loss data collection exercise (LDCE) could be launched this year.
The QIS 6, which closed in June 2010, contained a mini op risk LDCE for the period covering the financial crisis up until 2009. That data is now out of date and banks have incurred many more losses in the
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