Risk Resources

This page provides links to a growing range of resources in the risk domain, including links to other sites.

If you would like to contribute a link or resource to this page please send them in.

Regulatory issues

Austega's comments to Basel on their operational risk capital proposals - 31 May 2001
Basel Quantitative Impact Study 2 - Operational Risk Loss Data - 4 May 2001
Basel Quantitative Impact Study Questionnaire - 10 April 2001
Basel Committee on Banking Supervision (Jan 01) New Basel Capital Accord with separate section on Operational Risk. This draft accord is the final paper presented for discussion and feedback by 31 May 2001. It is expected to be finally issued late 2001 with implementation from 2004.
Bank of Japan (Jul 00) Working papers (English) on operational risk measurement to promote discussion amongst Japanese banks and their regulators. These papers basically supports a combination of statistically based modelling where data is available and scenario analysis elsewhere - not greatly dissimilar to the approach described on this site.
Basel Committee on Banking Supervision (Sep 99) Enhancing corporate governance in banking organisations. This paper emphasises the critical practices essential to good corporate governance, and in doing so stresses the board's responsibility for overviewing the organisation's approach to risk.
Basel Committee on Banking Supervision (Jun 99) A new capital adequacy framework. This paper introduces the proposed replacement of the 1988 Accord for discussion and feedback. One of its three pillars, minimum capital requirements, is extended to include explicit reference to operational risk in sections 9, 82-87.
Basel Committee on Banking Supervision (Sep 98) Summary paper of interviews with major banks in G-10 countries on their management of operational risk and associated press release. This was the first regulatory release that has prompted some of the recent activity.

Other

Bryn, Hans-Kristian & Grimwade, Michael (Jul 99) Organisational structures: Everything has its place Interesting discussion of the operational risk initiatives and organisational structures used by major banks based on a PricewaterhouseCoopers benchmarking study (ABN Amro, Barclays, Chase Manhattan, Deutsche, ING Group, JP Morgan and UBS).
Futures & Options Association (Mar 00) Operational risk: The viability of an insurance/capital market solution A position paper sent to the European Commission and Basel Committee, etc that supports regulator discretion as to capital coverage required and also supports market solutions.
Risk Concepts (Mar 00) Risk management resources on the web. Useful range of links on operational risk management information (not quantification).
Wright, George & Goodwin, Paul (1998) Forecasting with Judgement John Wiley & Sons, Chichester England. Good collection of theoretical articles on problems with business judgments and suggestions for better methods

Last updated:10/6/07

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