
The Basel II capital accord: op risk proposals in brief
This summary has been updated to include the revisions to the Basel II op risk proposals contained in the Working Paper on the Regulatory Treatment of Operational Risk issued in September, 2001 and available on the Bank for International Settlements' website ( www.bis.org ).
The Basel II op risk charge will sit alongside those for credit and market risks already required under Basel I, the current Basel capital accord that
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