Advanced measurement approach (AMA)
EBA to publish governance and op risk guidelines in September and October
EBA op risk specialist Bernd Rummel says the new European body has a busy schedule of work to implement CRD IV
Regulators move to impose AMA capital floors
Floor flaws
A simple formula for operational risk capital
A new formula from the Japanese FSA allows a straightforward and risk-sensitive calculation of capital levels, which could mean many banks increasing their AMA capital holdings
Inconsistent regulations delaying AMA rollouts globally, banks say
Pillar II is causing banks to face challenges from host regulators
BMO's David Fletcher: advancing on the AMA
In advance
Lloyds abandons AMA
Lloyds has abandoned the AMA after trying to combine two models, losing key staff and coming under scrutiny from regulators
Op risk needs greater R&D effort, say US regulators
Senior Fed regulators call on banks to restart research into op risk management
OpRisk Europe: Reporting key to competent risk management
Reporting is key to competent risk management, yet is often neglected, New York Fed op risk specialist warns
Citi's Wertheim: Operational risk function must detect to protect
Detective stories
Sigor plans new LDCE to capture operational risk losses since crisis
Working group is also considering raising betas in the Basel II standardised approach to encourage movement towards the AMA, but some say this is not the answer
Where sharia meets the AMA
Risk and riba
Chinese banks move closer to advanced measurement approach
Two requests for proposals to help build AMA programmes issued in China
The ORR 20: Op risk software survey
Room to move
ORR Innovation Awards 2011: Regulator of the Year
Marco Moscadelli, Bank of Italy
ORR Innovation Awards 2011: Manager of the Year
Giulio Mignola, Intesa Sanpaolo
ORR Innovation Awards 2011: Paper of the Year
Vittorio Vecchione, Alessandra Agostini and Paolo Talamo
Cebs offers advice on changing AMA models
Cebs offers advice on changing AMA models
Sigor tackles AMA range of practices in new consultation paper
Gives guidance on advanced approaches
Sigor consults on new AMA supervisory guidelines
AMA range of practices tackled in new Sigor paper.
Marco Moscadelli: The Bank of Italy man
After 20 years at Italy’s central bank, Marco Moscadelli knows his country’s banking industry well. But this hasn’t narrowed his focus, and pivotal roles on European supervisory bodies have also given him a say on how the operational risk is approached…
UK FSA’s new standardised approach paper not just for TSA firms
New paper from the UK FSA sets out guidelines for TSA operational risk frameworks
Product suitability top concern for Asia op risk managers
A suitable ploy
Germany leads the way on the AMA
The AMA machine