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 ).

Large international banks will be required for the first time from 2005 to set aside capital as a guard against op risk. The charge will be stipulated under Basel II, the new capital adequacy accord proposed by the Basel Committee on Banking Supervision, which chiefly comprises banking supervisors from the Group of 10 (G-10) leading economies.

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

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

The changing shape of risk

S&P Global Market Intelligence’s head of credit and risk solutions reveals how firms are adjusting their strategies and capabilities to embrace a more holistic view of risk

Most read articles loading...

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