Results from the 2008 Loss Data Collection Exercise for Operational Risk

This version

BCBS  | 
28 July 2009
Status:  Current

This report summarises the outcome of the 2008 loss data collection exercise (LDCE) on operational risk. This is the first international effort to collect information on all four data elements that are used in the advanced measurement approach for operational risk: internal loss data, external loss data, scenario analysis and business environment and internal control factors. The LDCE also collected supporting qualitative information, exposure indicators, capital estimates, and range of practice information on how operational risk is measured and managed. 121 banks from 17 countries participated and 119 banks provided internal loss data.