Dealing with Basel II: operational risk – encouraging best practice
David Syer
(David Syer is Director of Operational Risk Solutions at Algorithmics Incorporated, a leading provider of risk management software)
3175
Abstract
The latest consultation paper from the Basel Committee on Banking Supervision makes some changes to its regulatory proposals for operational risk management – the risk of losses resulting from inadequate or failed internal processes, people or systems and external events. The author discusses the implications of these changes.
Keywords
Citation
Syer, D. (2003), "Dealing with Basel II: operational risk – encouraging best practice", Balance Sheet, Vol. 11 No. 4, pp. 24-25. https://doi.org/10.1108/09657960310502511
Publisher
:MCB UP Ltd
Copyright © 2003, MCB UP Limited