Operational risk
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
Asian banks fear unfair op risk capital charges
BASLE II UPDATE
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.
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.
Boom or bust for risk consultants
Basel capital reform should mean a lot more business for risk management consultants. But a shortage of the right specialists could prevent them from cashing in.
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.
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.
Documentation dilemmas
Concerns over credit event definitions and the Basel Committee’s ‘ w ’ capital charge on credit mitigation instruments will not be easily resolved.
A risk-control model for operational risk capital
Basel II's op risk proposals should allow for a simple internal model, argues Tony Blunden in his second article on the new capital adequacy accord.
Critics attack European Union plans to follow Basel II
Critics of the European Union's plans to make all investment firms - not just banks - set aside capital against the risk of losses from operational hazards such as fraud, computer breakdowns and trade settlement failures, say their fears were confirmed…
A Risk-Control Model For Operational Risk Capital
BASLE II UPDATE