BearingPoint, one of the world's largest business consulting and systems integration firms, has issued a white paper, "Seven Pitfalls In Basel II Operational Risk Implementation," detailing the steps ...
On November 20, 2024, the Basel Committee on Banking Supervision (BCBS) issued a press release following its meeting in Basel. The committee reaffirmed its commitment to fully implement Basel III and ...
For the largest U.S. banks, an international regulation requiring tighter operational risk controls is proving to be far more costly than expected for IT, according to users and analysts interviewed ...