42 résultats pour « operationalrisk »

How does the pandemic change operational risk? Evidence from textual risk disclosures

Date : Tags : , , , , ,
"... operational risk remained the most prominent major risk type after the outbreak of Covid-19, and that disclosures of operational risk increased by 5.19% compared with the samples from before the outbreak. The drivers of operational risk also changed, with significant increases in disclosure of litigation risk, transaction modes and product and service problems as a proportion of total disclosures. In addition, two emerging operational risk drivers identified during the pandemic are data safeguarding and goodwill impairment."

Comprehensive empirical assessment of nuclear power risks

"The opposition in a number of countries to the inclusion of nuclear energy in a sustainable energy portfolio, in part due to the dread of what the “nuclear” word inspires, has limited quantitative scientific foundation of the real benefits and risks. This has been amplified by the lack of a sound operational risk estimate due to the scarcity of the relevant empirical data."

Bank Capital Adequacy Framework

"This paper considers the question from a non-technical point of view and surveys the regulatory requirements for capital adequacy contained in the so-called Basel framework. It analyses all contributing parts of the Capital Adequacy Ratio (CAR), including regulatory capital, credit risk, market risk and operational risk, raising in each case the concerns of the literature as well as recent contributions."

Correlations in Operational Risk Stress Testing: Use and Abuse

"Evidence that the COVID-19 pandemic had minimal effect on operational risk losses in 2020 is presented and the effect of model risk is emphasized. Our results show that the existence or otherwise of significant correlations depends on the regression model used, whether data series show trends, the time window concerned, geographical location and the type of financial institution."