Operational risk
SAP makes play for risk territory
German software giant SAP is making a firm move into the risk management industry with the further development of its range of industry solutions. The Waldorf-based firm has already developed credit and market risk components for the financial services…
Could the Basel II op risk charge be cut again?
BASEL - Might banking regulators agree again to lower the capital charge for operational risk proposed under the controversial Basel II bank capital accord as part of horse-trading over the credit risk charge?
Building for Basel
The 2005 implementation date for the new Basel II Accord – already postponed by a year – is looming large. Whilst the banking sector is steadily gearing up for the proposed changes, there are fears that some institutions may be left behind.
Is there hope in the advanced measurement approaches?
Basel II is mistaken in assuming a stable relationship between expected and unexpected losses, argues Jacques Pézier in his second article on the Basel Committee’s recent operational risk working paper.
Op risk sound practices paper delayed yet again
Basel - Global banking regulators delayed publication of their operational risk sound practices paper yet again in November.
Building for Basel
The 2005 implementation date for the new Basel II Accord – already postponed by a year – is looming large. Whilst the banking sector is steadily gearing up for the proposed changes, there are fears that some institutions may be left behind.
Op risk capital charges to apply in expanded European Union
Brussels - The terms of the European Union’s proposed new capital adequacy rules for banks and investment firms will apply to all member countries of an expanded EU, officials with the European Commission, the EU’s ruling body, said in November.
A spanner in the works
The US and Germany are in a standoff over Basel II’s capital charge calculation for SME lending. Without a compromise this month, the issue threatens to derail implementation of the Accord and the European Directive.
Could the Basle II op risk charge be cut again?
FRONT PAGE NEWS
Op risk sound practices paper delayed yet again
BASLE II UPDATE
Regulators urged to enhance op risk oversight post September 11
WORLD TRADE CENTER AFTERMATH
Will Germany scupper Basle II?
BASLE II UPDATE
Is there hope in the advanced measurement approaches?
BASLE II UPDATE
Op risk capital charges to apply in expanded European Union
BASLE II UPDATE
The Basle II capital accord: op risk proposals in brief
BASLE II UPDATE
Banks still nervous about gross income as an op risk indicator
BASEL - Banks seem pleased with many aspects of the recent working paper on operational risk issued by global banking regulators, but are still nervous about some of the cross-border anomalies that could be thrown up by the use of gross income as a risk…
Basel regulators may scrap 90% IRB floor for credit risk
Global banking regulators will soon abandon their controversial 90%, two-year floor on the benefit banks could reap by moving to the advanced internal ratings based (IRB) technique for calculating capital charges against credit risk under the Basel II…
DrKW and Raft establish new op risk management standard
Investment bank Dresdner Kleinwort Wasserstein (DrKW) and Raft International, the component-based software provider to the financial services industry, have jointly developed and deployed Radar, a near real-time global operational risk management…
Basic shortcomings
The Basel regulators have missed their chances with their latest op risk paper, argues Jacques Pézier.
Good in parts
Tony Blunden welcomes the Basel regulators’ latest thoughts on operational risk, but questions their continued emphasis on the past.
Insurers plan operational risk proposals for early November
LONDON - Leading insurance firms planned to have ready by early November their proposals for using operational risk insurance within the terms of the Basel II banking accord, insurance industry sources said as Operational Risk went to press.