Alpha

• Risk management

Data trouble

Regulators insist that they want a capital charge on banks’ operational risks. But the plan rests on the ability of banks to collect data and model the risks involved, and there’s a frightening lack of agreement on how to do that.

• 01 Jun 2001

• Markets

Basel survey signals focus of discussion paper

The focus of the operational risk discussion document planned by global banking regulators is signalled in a survey seeking information on banks’ losses from such hazards as fraud, computer system failure and trade settlement errors.

• 01 May 2001

• Risk management

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.

• 01 Apr 2001

• Risk management

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.

• 01 Apr 2001