OpRisk North America: Crisis highlighted op risk model failures, says Adachi

lego model

The financial crisis highlighted failures of risk modelling and governance, according to Mitsutoshi Adachi, director in the examination planning division at the Bank of Japan and chair of the Basel Committee on Banking Supervision's operational risk subgroup of the standards implementation group (Sigor).

Speaking at the OpRisk North America conference this week, Adachi said the financial crisis had demonstrated that model error could pose a significant threat - and that this also applies to

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

If you already have an account, please sign in here.


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

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net 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: