Operational risk capital
OpRisk Top 100 Banks: how huge fines are skewing bank losses
Increasing spread of operational risk losses linked to fines in this year's survey of op risk at the world's 100 largest banks
OpRisk Europe: 1,000-year standard is unreachable, Mignola says
ORX chairman says Basel II definition is fundamentally flawed
Higher capital not fines, says RBS Americas head of op risk
Higher capital requirements would incentivise banks to fix their problems more than fines, says Craig Spielmann at RBS
Paper of the year: JD Opdyke and Alexander Cavallo
Paper of the year: JD Opdyke and Alexander Cavallo
Insurers deal with delays to Solvency II rules
Out of focus
Sponsored webinar: IBM
Achieving Solvency II compliance while increasing business performance
More risk at the top table
Top 100 banks
OpRisk Europe: Ring-fencing move will pose operational risks
The move to ring-fence UK retail banking operations will pose operational risks, Barclays’ group operational risk director tells conference
Dexia rejected AMA over uncertain capital relief
Public finance specialist rejected AMA prior to break-up, finding capital benefit might not offset costs, but fellow Belgian bank BNP Paribas Fortis argues in favour of op risk modelling
Cutting operational risk capital through insurance
Using insurance can produce significant capital savings - but some legal problems remain
Industry calls for new approach to op risk capital
The AMA today
Expected problems
The capital reductions to be gained from properly assessing expected losses can’t be ignored, says Marcelo Cruz
Sponsored webinar: A model approach – Examining operational risk capital modelling
A model approach – Examining operational risk capital modelling
Regulations will scare off investment in banking sector, insurance industry warns
Banks might find a lack of investment from the insurance sector under current regulatory proposals
New techniques focus US op risk executives on scenario analysis
Change of scene
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
Top 100 banks: regulators tighten their grip
Capital counts
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
Japan FSA’s simple formula for operational risk capital
A simple formula for operational risk capital
Inclusion of legal losses in op risk databases has banks fretting
Banks worry Basel rules requiring legal events to be included in operational risk databases earlier might mean the information is used against them in legal proceedings
BBVA given deadline to improve AMA model
BBVA has been given until December 2011 to make improvements to its AMA model by the Bank of Spain, or will not obtain the capital savings the AMA allows
New op risk system patent, using Bayesian networks, awarded to IBM
Patent project spearheaded by Jonathan Rosenoer is one of a very few op risk system patents to be awarded
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