- Operational and cyber risks in the financial sector
11 February 2020
BIS Working Papers | No 840 | 11 February 2020by Iñaki Aldasoro, Leonardo Gambacorta, Paolo Giudici and Thomas LeachPDF full text (367kb) | 39 pagesFocusOperational risks are related to losses that…
- Parallel-owned banking structures
Report · 24 January 2003
Summary of document history Previous versionPreviousconsultationThis versionSubsequentconsultationSubsequentversionThis versionBCBS | Guidelines | 24 January 2003 | Status: CurrentPDF full text…
- QIS 2: Operational Risk Data
4 May 2001
4 May 2001The second tranche of the Basel Committee on Banking Supervision's Quantitative Impact Study is attached. This tranche of the study is intended to allow the Committee to develop a…
- Sound Practices for the Management and Supervision of Operational Risk
Standard or Guidance · 20 December 2001
Summary of document history Previous versionPreviousconsultationThis versionSubsequentconsultationSubsequentversionThis versionBCBS | Consultative | 20 December 2001 | Status: ClosedPDF full text…
- Sound Practices for the Management and Supervision of Operational Risk
Standard or Guidance · 6 July 2002
Summary of document history Previous versionPreviousconsultationThis versionSubsequentconsultationSubsequentversionThis versionBCBS | Consultative | 06 July 2002 | Status: ClosedPDF full text (123kb)…
- Sound Practices for the Management and Supervision of Operational Risk
Standard or Guidance · 25 February 2003
Summary of document history Previous versionPreviousconsultationThis versionSubsequentconsultationSubsequentversionThis versionBCBS | Guidelines | 25 February 2003 | Status: SupersededPDF full text…
- The Basel Committee issues papers on operational risk
28 July 2009
Press release | 28 July 2009The Basel Committee on Banking Supervision (BCBS) released two papers today relating to operational risk: Results from the 2008 Loss Data Collection Exercise for…
- Fraud Vulnerability Index
Solution · 1 June 2023
A fraud vulnerability index provides an objective measure of susceptibility of a bank to any kind of frauds viz. credit, cyber, staff etc. The model uses machine learning techniques to assess…
- Financial Innovation and Risk: Evidence from Operational Losses at U.S. Banking Organizations
29 November 2023
This study documents that financial innovation is associated with adverse operational risk externalities. Using supervisory data on operational losses from large U.S. bank holding companies (BHCs)…
- Auditing from a Distance: The Impact of Remote Auditing and Supervisor Monitoring on Analytical Procedures Judgments
Report
remote auditing becomes a common work arrangement, the profession is concerned that decreased auditor-client interactions and remote supervision challenges diminish audit quality. In response, firms…
- Banking Risk Management in India and RBI Supervision
Report · 14 September 2009
There are three main categories of risks as mentioned in the new capital accord: Credit Risk, Market Risk and Operational Risk. Credit risk or Default risk, a major source of loss, is the risk that…
- Reinventing Operational Risk Regulation for a World of Climate Change, Cyberattacks, and Tech Glitches
Report · 15 October 2025
ound 30 years ago, banking regulators began to construct the concept of “operational risk,” and devise rules to manage this newly-created risk category. This “invention” of operational risk assembled…
- Principles for Sound Management of Operational Risk (PSMOR) - Executive Summary
Speech · 26 April 2023
The 2021 revisions to the Principles for the Sound Management of Operational Risk (PSMOR) emphasize a "tone from the top" governance structure, placing the primary responsibility for risk culture on…