O'Reilly logo

The Operational Risk Handbook for Financial Companies: A guide to the new world of performance-oriented operational risk by Brian Barnier

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

1.8. Capital Estimates: trips, traps and pitfalls

“Basel requires banks to cover various types of operational risk exposures with allocated capital. Whether or not you believe that increased capital is a way of safeguarding against higher risk, we are in an era where the calibration and management of operational risk will be increasingly important for banks. There will be clear penalties for banks that don’t do it well.”

— Ron Dietz

Capital estimates and loss data—don’t miss the forest

From a regulatory perspective, the ‘fundamental objective’ of the Basel Committee has been to “strengthen the soundness and stability of the international banking system while maintaining sufficient consistency that capital adequacy regulation will not ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required