Codified by the Basel Committee on Banking Supervision in its 2011 Principles for the sound management of operational risk, the framework has been continually adapted and modified by banks and ...

The Basel 4 credit risk framework implementation could ... risk frameworks in January 2025. Since operational risk accounts for only 8% of banks' total risk-weighted assets (RWA), the negative ...

On 21 January 2025, the UK’s Prudential Regulation Authority (PRA) published two supervisory letters outlining 2025 priorities for ...

In the issue’s first paper, “Estimating the correlation between operational risk loss categories over different time horizons”, Maurice ... which has seen a constantly changing legal framework for ...