Standardized Measurement Approach for Operational risk: Pros and Cons

نویسندگان

  • Gareth W. Peters
  • Pavel V. Shevchenko
  • Bertrand Hassani
  • Ariane Chapelle
چکیده

This response has been put together by academics and in total independence of any corporate or individual interests. Our results are solely driven by scientific analysis and presented in the interest of the financial and business community, both the regulated entities and the regulators alike. The response addresses the Standardised Measurement Approach (SMA) proposed in the Basel Committee for Banking Supervision consultative document “Standardised Measurement Approach for operational risk” (issued in March 2016 for comments by 3 June 2016) [BCBSd355,2016]; and closely related Operational risk Capital-at-Risk (OpCar) model proposed in the Committee consultative document “Operational risk – revisions to the simpler approaches”, October 2014 [BCBSd291,2014].

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تاریخ انتشار 2016