Archives - Financial Regulation and Supervision
-
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. -
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.