BCBS NL7

From Open Risk Manual
Revision as of 10:50, 26 March 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''BCBS NL7''' is a document published by the Basel Committee on Banking Supervision on November 2005 in the :Category:BCBS Operational Risk | Operation...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

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

Title

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

Abstract

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

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).