Basic indicator approach (BIA)
At BayernLB, Nykredit and Erste, op risk charges hit multi-year highs
Annual model recalibrations responsible for double-digit rises
CCPs unlikely to be wiped out by op losses, research suggests
Former LCH risk chief says sharing loss data would help CCPs avoid risk of holding too little capital, or too much
SA extends reach over EU banks’ market and op risk
Regulator-devised models have been capturing a bigger chunk of RWAs through the pandemic
Basel III heralds 41% op risk jump for EU banks
Capital requirements set to rise almost 88% for those G-Sibs that don’t currently use the AMA
Quantification of regulatory capital for management of operational risk in banks: study from an emerging market economy
This paper studies the various methodologies used by an Indian bank in its operational risk management activities: these include loss database analysis, risk control self-assessment and key risk indicator (KRI) identification.
Clearing house power-downs raise fears among members
Banks question CCP resilience to system outages, as debate swirls over non-default losses
Op risk capital to jump 45% for European banks under Basel III
Some banks could see capital increases of more than 60%
Banks divided on op risk approaches
EU banks favour standardised approach, North American and Australian lenders the AMA
European banks junk op risk modelling
Barclays and BNP Paribas move to standardised approach in the second quarter
Operational risk: impact assessment of the revised standardized approach on Indian banks
This paper focuses on a comparison of the capital for Indian banks as required by the current regime for capital charge calculation, versus the possible revised Standardised Approach.
New op risk capital approach has its own problems – Leipoldt
OpRisk Asia: Revised standardised approach an improvement but no panacea
Banks fear ill-aligned op risk capital under new simple method
Proposals for revised standardised approach receive mixed response
Too many agencies involved in AMA for common approach
Regulator warns reaching common standard will be difficult
Regulatory uncertainty is keeping life interesting
Conference and awards reflect a changing world
OpRisk North America: Standardised approaches under-calibrated, Basel's Adachi tells conference
Large banks holding too little capital, regulator warns
OpRisk North America: Confusion remains between trading book and banking book definitions
International definitions of banks' trading book and banking book still woolly, keynote speaker Charles Taylor tells conference
More risk at the top table
Top 100 banks
ORR Innovation Awards: Regulator of the year
Mitsutoshi Adachi
Industry calls for new approach to op risk capital
The AMA today
Basel Committee's Sigor to undertake review of operational risk regulatory framework
Wide-ranging review seeks to raise operational risk capital and overhaul the basic indicator and standardised approaches
Regulators seek to change operational risk methodology at October meeting
High-severity events such as the $2.3 billion rogue trading loss at UBS have highlighted the low levels of operational risk regulatory capital firms are holding