The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

The FSA reports on the progress and issues encountered by the UK banking industry in implementing systems for measuring and managing operational risk. The paper outlines the outcome of discussions ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Public debt managers are exposed to a wide range of potential risks that could be categorized in two main areas: financial risks and operational risks. Financial risks, such as interest rate risk and ...

Yet the same systems that promise acceleration also introduce new classes of operational, ethical, and regulatory risk. In ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper discusses Philippines’ Summary Technical Assistance Report series that provides high-level summaries of the ...

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 ...