BCBS D476
Definition
BCBS D476 is a document published by the Basel Committee on Banking Supervision on August 2019 in the Operational Risk category.
Title
Frequently asked questions on the Basel III standardised approach for operational risk.
Abstract
The Basel Committee on Banking Supervision finalised the new standardised approach (SA) for operational risk capital, as published in the final Basel III standards in December 2017. To promote consistent global implementation of those requirements, the Committee has agreed to periodically review frequently asked questions (FAQs) and publish answers along with any technical elaboration of the standards text and interpretative guidance that may be necessary.
The document published today sets out the first set of FAQs on the standard.
Document Profile
- Publication Date: August 2019
- Publication Type: Faqs
- Publication Status: Consolidated
- Publication Category: Operational Risk
- Number of Pages: 6
- Keywords: Operational Risk
See Also
Disclaimers
For definitive information on regulatory matters always consult primary sources, especially where it concerns legally binding rules and regulations.
The above regulatory document abstract is quoted verbatim in this Open Risk Manual entry and provided free of charge for the convenience of all internet users. There is no explicit or implicit endorsement of this web service by the Bank of International Settlements. The copyright of the included material rests with the original authors (Links to the original texts are duly provided).
