Switch to standard model boosts BNP Paribas’ op risk 

BNP Paribas’ operational risk-weighted assets (RWAs) surged by €6 billion ($7 billion) in the second quarter following the bank’s decision to set op risk to the level of the regulator-set standardised approach.

It is understood the move follows an annual review of the bank’s models and that the change is provisional. 

Following the shift, op RWAs rose 8.8% quarter to quarter, to €74 billion, sapping the bank’s common equity Tier 1 (CET1) capital by 10 basis points.

At end-June, op RWAs as

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

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: