Archives - Operational Risk

• 9 January 2013 Principles for effective data aggregation and risk reporting

  This paper presents a set of principles to strengthen banks' risk data aggregation capabilities and internal risk reporting practices (the Principles). In turn, effective implementation of the Principles is expected to enhance risk management and decision-making processes at banks.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Credit Risk, Governance, Market Risk, Operational Risk, Risk Management, Transparency and Disclosure

• 1 June 2011 Principles for the Sound Management of Operational Risk

  The document outlines a set of principles that provide a framework for the effective management and supervision of operational risk, for use by banks and supervisory authorities when evaluating operational risk management policies and practices. It updates the February 2003 Sound Practices for the Management and Supervision of Operational Risk.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Operational Risk, Prudential Supervision and Oversight, Risk Management

• 1 June 2011 Operational Risk - Supervisory Guidelines for the Advanced Measurement Approaches

  The document identifies supervisory guidelines associated with the development and maintenance of key internal governance, data and modelling frameworks underlying the Advanced Measurement Approaches for operational risk.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Operational Risk, Prudential Supervision and Oversight, Risk Management

• 28 October 2010 Recognising the risk-mitigating impact of insurance in operational risk modelling

  This document clarifies supervisory expectations on the range of industry AMA practices while promoting increased convergence in operational risk management.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Basel I/II/III, Operational Risk, Prudential Supervision and Oversight, Risk Management

• 1 November 2007 Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA)

  This document sets out principles related to two important topics in the implementation of the Advanced Measurement Approaches (AMA) for operational risk under Basel II.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Basel I/II/III, Operational Risk, Prudential Supervision and Oversight, Risk Management

• 15 January 2004 Principles for the home-host recognition of AMA operational risk capital

  This document sets out principles that will be useful to guide supervisors on the implementation of the hybrid approach to the allocation of operational risk capital across home and host jurisdictions.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Cooperation among Authorities, Operational Risk, Risk Management