From Open Risk Manual


BCBS NL7 is a document published by the Basel Committee on Banking Supervision on November 2005 in the Operational Risk category.


The treatement of expected losses by banks using the AMA under the Basel II Framework.


The purpose of this newsletter is to set forth the views of the Operational Risk Subgroup (AIGOR) of the Basel Committee Accord Implementation Group regarding the treatment of expected operational risk losses in Advanced Measurement Approaches (AMA). This newsletter was developed in response to requests from the industry for clarification on this issue, particularly with respect to the meaning of paragraph 669(b) of International Convergence of Capital Measurement and Capital Standards: A Revised Framework (Basel II Framework).

Document Profile

  • Publication Date: November 2005
  • Publication Type: Guidelines
  • Publication Status: Current
  • Publication Category: Operational Risk
  • Number of Pages: 2
  • Keywords: Operational Risk

See Also


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