Basel Committee
What can loss databases do for you?
Many banks need to understand fully the role that external op risk loss databases can play.
Banks face challenge assessing benefits of Basel II op risk approaches, says Andersen
Calculating the benefit for banks of adopting the more complex methods of arriving at an operational risk capital charge is very challenging because of uncertainties over the factors involved.
Basel discussion document will centre on internal measurement approach
Global banking regulators intend to issue in June or July a special discussion document on operational risk in the context of Basel II, the new capital adequacy accord proposed for large international banks from 2004.
Asian banks fear unfair op risk capital charges
Operational risk has long been a challenge for Asia’s banks. But many smaller banks in the region fear that a capital charge against such hazards as fraud, computer systems failure and settlement foul-ups would penalise them unfairly if it took the form…
Basel II set to increase bank demand for single-A debt
The new Basel capital accord is likely to lead to increased demand by international banks for senior bank debt, the sovereign debt of industrialised countries and sovereign guaranteed debt that is rated single-A or lower by credit rating agencies.
Unleashing Asia's demons
The Basel Committee’s new consultative paper on capital adequacy could wreak havoc with Asia’s domestic banks. The revamped rules will make the shortcomings of their risk management systems all too clear.
Do we need a broader definition of op risk?
BASLE II UPDATE
The new Basle capital accord: op risk proposals in brief
BASLE II UPDATE
What can loss databases do for you?
BASLE II UPDATE
An advanced model for op risk capital calculation
BASLE II UPDATE
Basle II set to increase bank demand for single-A debt
BASLE II UPDATE
Asian banks fear unfair op risk capital charges
BASLE II UPDATE
Basel: the new Accord
The Basel Committee’s second consultative paper on reform of the 1988 Accord on capital holds some surprises. Some believe regulatory capital will now have to rise. Dwight Cass reviews the changes, while market experts offer their reaction.
Basel’s flawed paradigm
David Rowe suggests some important tweaks to the new Basel Capital Accord, if it is not to be viewed as reflecting an obsolete definition of capital adequacy.
Insurers seek a united front to put the case for Op Risk insurance
Leading insurance companies are looking at ways of forming an industry body to put the case for using insurance to help mitigate operational risks faced by banks, industry executives say.
EU anticipates critics in its Op Risk charge proposals
While debates still rumble on over the new Basel capital accord, the European Union Commission's capital adequacy rules are prompting another set of arguments.
Regulators may issue Basel II discussion document in response to banker fears
Global banking regulators are likely to issue an interim discussion document in June or July on their proposals for a new bank capital accord, in a response to banker concerns about the complexity of those plans.
Basel's new credit model
The Basel Committee’s new consultative paper allows banks to internally rate individual credits. But at the portfolio level, Basel wants to apply a single model framework, based in part on a technical paper published in Risk magazine in October 1998.
Openness essential to avoid Basel II Op Risk inconsistency, say credit-raters
Openness and disclosure between banks and global regulators will be "highly desirable, if not essential" if there are not to be major inconsistencies in setting operational risk charges after 2004.
Five reasons why regulators should approve the loss-distribution approach
The Basel Committee shied away from the most risk-sensitive way of calculating an op risk charge, says Michael Haubenstock. He argues for a green light.