In August 1996, the U.S. bank regulatory agenciesadopted the market risk amendment (MRA) to the 1988Basle Capital Accord. The MRA, which became effectivein January 1998, requires that commercial banks withsignificant trading activities set aside capital to cover themarket risk exposure in their...

I am very pleased to be part of this forward-looking conferenceon developments in capital regulation. Because thepurpose of capital is to support risk, I decided to approachthis session from the viewpoint of someone leading aninstitution that depends, for its success or failure, on howwell it...

Mit der zunehmenden Digitalisierung und Vernetzung in der Bankenbranche ist das Bedrohungspotenzial für die IKT von Banken stetig gestiegen. Jüngere Beispiele von schweren IKT-Sicherheitsvorfällen verdeutlichen die Relevanz einer resilienten IKT. Durch den Digital Operational Resilience Act...