This paper discusses the definition of operational risk laid down by the second Basel accord. The loss event types … along with examples provided by Basel committee are put down to clarify the definition. Recent examples of operational risk …

.This paper proposes a logical structure to quantify the operational risk capital charge with a Loss Distribution Approach (LDA …

Operational risk events have severely impacted the development of third-party payment (TPP) platforms, and have even … led to a discussion on the operational risk capital charge settlement by relevant international regulators. However, prior … studies have mostly focused on qualitative mechanism analysis, and have rarely examined quantitative risk assessment based on …

Integrated risk management means the comprehensive and effective management all significant risks (affecting the bank …'s activities) and their interrelation, including building a corporate culture of risk management and integrating risk management … regulators. In the context of economic crises and sanctions, the role of effective risk management in banks is significantly …