http://www.bis.org/list/bcbs/tid_28/index.rss Publications and updates by the Basel Committee on Banking Supervision (BCBS), including on topics related to the Basel II Framework and its implementation. Operational risk en http://www.bis.org/bcbs/publ/d298.htm Abstract of "Reducing excessive variability in banks' regulatory capital ratios", November 2014. The Basel Committee's report to G20 Leaders sets out the measures the Committee is taking to improve consistency and comparability in bank capital ratios, and thereby to restore confidence in risk-weighted capital ratios. These measures include: policy proposals to revise the standardised (non-modelled) approaches for calculating regulatory capital ratios that will also provide the basis for a capital floor; and reducing the modelling choices in the capital framework when determining internal-model based estimates of credit, market and operational risk-weighted assets. The report also discusses the role of disclosure, implementation monitoring and additional analytical and policy work in progress. Reducing excessive variability in banks' regulatory capital ratios 2014-11-12T11:00:00Z Abstract of "Reducing excessive variability in banks' regulatory capital ratios", November 2014.The Basel Committee's report to G20 Leaders sets out the measures the Committee is taking to improve consistency and comparability in bank capital ratios, and thereby to restore confidence in risk-weighted capital ratios. These measures include: policy proposals to revise the standardised (non-modelled) approaches for calculating regulatory capital ratios that will also provide the basis for a capital floor; and reducing the modelling choices in the capital framework when determining internal-model based estimates of credit, market and operational risk-weighted assets. The report also discusses the role of disclosure, implementation monitoring and additional analytical and policy work in progress. Reducing excessive variability in banks' regulatory capital ratios 2014-11-12T11:00:00Z BIS risk weighted assets G20 report RWA variability PDF version http://www.bis.org/bcbs/publ/d298.pdf November 2014 Bank for International Settlements: BCBS Publications 298 http://www.bis.org/publ/bcbs292.htm Abstract of "Review of the Principles for the Sound Management of Operational Risk", October 2014: a review of banks' implementation of the 2011 "Principles for the Sound Management of Operational Risk". The principles embody the lessons from the financial crisis and evolving sound practice in operational risk management. The review covered 60 systemically important banks (SIBs) in 20 jurisdictions and took the form of a questionnaire against which banks self-assessed the extent and quality of their implementation. Review of the Principles for the Sound Management of Operational Risk 2014-10-06T13:00:00Z Abstract of "Review of the Principles for the Sound Management of Operational Risk", October 2014: a review of banks' implementation of the 2011 "Principles for the Sound Management of Operational Risk". The principles embody the lessons from the financial crisis and evolving sound practice in operational risk management. The review covered 60 systemically important banks (SIBs) in 20 jurisdictions and took the form of a questionnaire against which banks self-assessed the extent and quality of their implementation. Review of the Principles for the Sound Management of Operational Risk 2014-10-06T13:00:00Z BIS peer review three lines of defence PSMOR PDF version http://www.bis.org/publ/bcbs292.pdf October 2014 Bank for International Settlements: BCBS Publications 292 http://www.bis.org/publ/bcbs291.htm Abstract of "Operational risk - Revisions to the simpler approaches - consultative document", October 2014: the Basel Committee has released for consultation a revised standardised approach for measuring operational risk capital. The existing framework sets out different approaches that banks may use to calculate their operational risk capital requirement. Once finalised, a new unitary standardised approach will replace the current non-model-based approaches, which comprise the Basic Indicator Approach (BIA) and the Standardised Approach (TSA), including its variant the Alternative Standardised Approach (ASA). In addition to streamlining the framework, the new approach will address weaknesses identified in the existing approaches. Operational risk - Revisions to the simpler approaches - consultative document 2014-10-06T12:59:00Z Abstract of "Operational risk - Revisions to the simpler approaches - consultative document", October 2014: the Basel Committee has released for consultation a revised standardised approach for measuring operational risk capital. The existing framework sets out different approaches that banks may use to calculate their operational risk capital requirement. Once finalised, a new unitary standardised approach will replace the current non-model-based approaches, which comprise the Basic Indicator Approach (BIA) and the Standardised Approach (TSA), including its variant the Alternative Standardised Approach (ASA). In addition to streamlining the framework, the new approach will address weaknesses identified in the existing approaches. Operational risk - Revisions to the simpler approaches - consultative document 2014-10-06T12:59:00Z BIS Revised standardised approach CaR Model Business Indicator PDF version http://www.bis.org/publ/bcbs291.pdf October 2014 Bank for International Settlements: BCBS Publications 291 http://www.bis.org/publ/bcbs268.htm Abstract of "Progress in adopting the principles for effective risk data aggregation and risk reporting", December 2013. Progress in adopting the principles for effective risk data aggregation and risk reporting 2013-12-18T10:00:00Z The progress report provides a snapshot of G-SIBs' overall preparedness to comply with the Principles, as well as the related challenges they face. G-SIBs are increasingly aware of the importance of this topic and have taken steps towards fully implementing the Principles. Nevertheless, many banks are facing difficulties in establishing strong data aggregation governance, architecture and processes, which collectively represent the initial stage of implementation. Instead, they resort to extensive manual workarounds. Notably, of the 30 banks that were identified as G-SIBs during 2011 and 2012, 10 reported that they will not be able to fully comply with the Principles by the 2016 deadline. The main reason reported is large, ongoing, multi-year IT and data-related projects. Progress in adopting the principles for effective risk data aggregation and risk reporting 2013-12-18T10:00:00Z BIS bank resolution corporate governance G-SIBs Self-assessment survey IT governance and infrastructure PDF version http://www.bis.org/publ/bcbs268.pdf December 2013 Bank for International Settlements: BCBS Publications 268 http://www.bis.org/publ/bcbs239.htm Abstract of "Principles for effective risk data aggregation and risk reporting", January 2013. The financial crisis that began in 2007 revealed that many banks, including global systemically important banks (G-SIBs), were unable to aggregate risk exposures and identify concentrations fully, quickly and accurately. This meant that banks' ability to take risk decisions in a timely fashion was seriously impaired with wide-ranging consequences for the banks themselves and for the stability of the financial system as a whole. The Basel Committee's Principles for effective risk data aggregation will strengthen banks' risk data aggregation capabilities and internal risk reporting practices. Implementation of the principles will strengthen risk management at banks - in particular, G-SIBs - thereby enhancing their ability to cope with stress and crisis situations. Principles for effective risk data aggregation and risk reporting 2013-01-09T11:00:00Z The financial crisis that began in 2007 revealed that many banks, including global systemically important banks (G-SIBs), were unable to aggregate risk exposures and identify concentrations fully, quickly and accurately. This meant that banks' ability to take risk decisions in a timely fashion was seriously impaired with wide-ranging consequences for the banks themselves and for the stability of the financial system as a whole. The Basel Committee's Principles for effective risk data aggregation will strengthen banks' risk data aggregation capabilities and internal risk reporting practices. Implementation of the principles will strengthen risk management at banks - in particular, G-SIBs - thereby enhancing their ability to cope with stress and crisis situations. Principles for effective risk data aggregation and risk reporting 2013-01-09T11:00:00Z BIS bank resolution corporate governance data aggregation Risk reporting PDF version http://www.bis.org/publ/bcbs239.pdf January 2013 Bank for International Settlements: BCBS Publications 239 http://www.bis.org/publ/bcbs222.htm Abstract text of "Principles for effective risk data aggregation and risk reporting - consultative document", June 2012 Principles for effective risk data aggregation and risk reporting - consultative document 2012-06-26T12:11:00Z The Basel Committee on Banking Supervision has published a set of disclosure requirements on the composition of banks' capital. During the financial crisis, market participants and supervisors were hampered in their efforts to undertake detailed assessments of banks' capital positions and make cross-jurisdictional comparisons. The source of this difficulty was insufficiently detailed disclosure by banks and a lack of consistency in reporting between banks and across jurisdictions. This lack of clarity may have contributed to uncertainty during the financial crisis. The disclosure requirements aim to improve market discipline through enhancing both transparency and comparability. Principles for effective risk data aggregation and risk reporting - consultative document 2012-06-26T12:11:00Z BIS risk management supervision implementation data aggregation G-SIBs G20 Reforms IT Risk reporting PDF version http://www.bis.org/publ/bcbs222.pdf June 2012 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs196.htm Abstract of "Operational Risk - Supervisory Guidelines for the Advanced measurement Approaches - final document", June 2011 Operational Risk - Supervisory Guidelines for the Advanced Measurement Approaches - final document 2011-06-30T12:30:00Z Operational Risk - Supervisory Guidelines for the Advanced Measurement Approaches - final document 2011-06-30T12:30:00Z BIS operational risk risk management Advanced Measurement Approach PDF version http://www.bis.org/publ/bcbs196.pdf June 2011 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs195.htm Abstract of "Principles for the Sound Management of Operational Risk - final document", June 2011 Principles for the Sound Management of Operational Risk - final document 2011-06-30T12:17:00Z Principles for the Sound Management of Operational Risk - final document 2011-06-30T12:17:00Z BIS operational risk risk management bank failures Core Principles methodology Advanced Measurement Approach PDF version http://www.bis.org/publ/bcbs195.pdf June 2011 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs184.htm Abstract of "Operational Risk - Supervisory Guidelines for the Advanced Measurement Approaches - consultative document", December 2010 Operational Risk - Supervisory Guidelines for the Advanced Measurement Approaches - consultative document 2010-12-10T19:01:00Z Operational Risk - Supervisory Guidelines for the Advanced Measurement Approaches - consultative document 2010-12-10T19:01:00Z BIS operational risk risk management bank failures Advanced Measurement Approach PDF version http://www.bis.org/publ/bcbs184.pdf December 2010 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs183.htm Abstract of "Sound Practices for the Management and Supervision of Operational Risk - consultative document", December 2010 Sound Practices for the Management and Supervision of Operational Risk - consultative document 2010-12-10T19:00:00Z Sound Practices for the Management and Supervision of Operational Risk - consultative document 2010-12-10T19:00:00Z BIS operational risk risk management bank failures Advanced Measurement Approach PDF version http://www.bis.org/publ/bcbs183.pdf December 2010 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs181.htm Abstract of "Recognising the risk-mitigating impact of insurance in operational risk modelling", October 2010 Recognising the risk-mitigating impact of insurance in operational risk modelling 2010-10-28T15:45:00Z Recognising the risk-mitigating impact of insurance in operational risk modelling 2010-10-28T15:45:00Z BIS operational risk insurance risk mitigation PDF version http://www.bis.org/publ/bcbs181.pdf October 2010 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs160.htm Results from the 2008 Loss Data Collection Exercise 2009-07-28T09:55:00Z Results from the 2008 Loss Data Collection Exercise 2009-07-28T09:55:00Z BIS Advanced Measurement Approach Internal loss data July 2009 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs135.htm Abstract of the Report "Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA) - final document", November 2007. Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA) - final document 2007-11-28T23:00:00Z Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA) - final document 2007-11-28T23:00:00Z BIS AMA home-host supervisory cooperation allocation mechanisms Advanced Measurement Approach PDF version http://www.bis.org/publ/bcbs135.pdf November 2007 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs133.htm Abstract of the Report on "Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA) - consultative document", February 2007. Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA) - consultative document 2007-02-06T23:00:00Z Principles for home-host supervisory cooperation and allocation mechanisms in the context of Advanced Measurement Approaches (AMA) - consultative document 2007-02-06T23:00:00Z BIS AMA home-host supervisory cooperation allocation mechanisms Advanced Measurement Approach PDF version http://www.bis.org/publ/bcbs133.pdf February 2007 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/bcbs131.htm Background, purpose and introduction to 'Observed range of practice in key elements of Advanced Measurement Approaches (AMA)' Observed range of practice in key elements of Advanced Measurement Approaches (AMA) 2006-10-13T01:00:00Z Observed range of practice in key elements of Advanced Measurement Approaches (AMA) 2006-10-13T01:00:00Z BIS PDF version http://www.bis.org/publ/bcbs131.pdf October 2006 Bank for International Settlements: BCBS Publications 131