Beruflich Dokumente
Kultur Dokumente
Basel Framework
• Objectives
• Risk management
• Transparency of operations
– Tier 1 capital at 4%
– Tier 2 capital at 4%
BASEL I
• Minimum capital
• Market discipline
Capital Adequacy
• Disclosure of information
– Capital structure
– Capital adequacy
• Credit risk
– Standardized approach
• Market risk
– Standardized approach
• Operational risk
– Standardized approach
• Standardized approach
– Foundation
– Advanced
Standardised Approach
• Standardized approach
• Equity instruments
• Currencies
• Commodities
• Fraud
Measurement of Operational Risk
high value
• Standardized approach
Based on causes
– People oriented
– Process oriented
– Technology oriented
– External
Types of Operational Risk
Based on effect
– Legal liability
• Based on event
– Internal fraud
– External fraud
• Easy to implement
• Qualitative criteria
– Independent function
– Involvement of Board