Third-Party Service Provider (TSP), released its latest white paper, Operational Risk Assessment for Advanced Air Mobility ...

The operational risk modeling approaches investigated in the literature are based on the assumption that it is possible to determine distinct parametric frequency and severity distributions based on ...

A bottom-up approach for estimating the Probability of Insurance Recovery (PoIR), which is a key element in insurance mitigation, is presented. The approach works by combining inputs from Subject ...

Operational risk is as old as the banking industry itself; it was the primary cause of some financial disasters. It is one of the first risks that organisations must manage, even before they make ...

In addition, any such risk reductions are currently limited to permit a maximum 20% reduction in overall operational risk exposures. Conclusion The main objective of the proposed Basel II capital ...

The Basel Committee on Banking Supervision today issued Principles for operational resilience, which aim to make banks better able to withstand, adapt to and recover from severe adverse events.

The framework’s rules, released today for public comment, are aligned to existing standards including NIST and ISO.

Monetary and Capital Markets (MCM) department delivered a hybrid technical assistance (TA) mission to assist the Bangko Sentral ng Pilipinas (BSP) in developing a supervisory framework for operational ...