Is Operational Risk Regulation Forward-looking and Sensitive to Current Risks?
Marco Migueis
No 2018-05-21-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
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.
Date: 2018-05-21
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2018-05-21-2
DOI: 10.17016/2380-7172.2198
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