Is Operational Risk Regulation Forward-Looking and Sensitive to Current Risks?
Posted: 6 Jun 2018 Last revised: 21 Feb 2019
There are 2 versions of this paper
Is Operational Risk Regulation Forward-Looking and Sensitive to Current Risks?
Number of pages: 13
Posted: 29 Apr 2018
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Date Written: 2018-05-21
Abstract
This article evaluates whether US large bank operational risk capital requirements are forward-looking, sensitive to banks' current exposures, and allow for risk mitigation, and discusses modifications that could bring regulation closer to these goals while also highlighting the potential pitfalls of doing so.
Suggested Citation: Suggested Citation
Migueis, Marco, Is Operational Risk Regulation Forward-Looking and Sensitive to Current Risks? (2018-05-21). FEDS Notes No. 2018-05-21-2, Available at SSRN: https://ssrn.com/abstract=3187713 or http://dx.doi.org/10.17016/2380-7172.2198
Marco Migueis (Contact Author)
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States