operational risk

  • Basel Operational Risk Amendment: The Business Indicator Fix

    On 23 March 2026 the Basel Committee on Banking Supervision finalised a technical amendment to the standardised approach to operational risk, and paired it with a new answer to a market risk frequently asked question. Both changes work at the definitional level, touching the plumbing beneath the numbers: how a single accounting line maps into…

  • EBA Operational Risk RTS: The 31 December 2026 Consultation Deadline

    On 26 August 2026 the European Banking Authority opened a four-month consultation on draft Regulatory Technical Standards that will spell out, article by article, the operational risk management framework every institution subject to the Capital Requirements Regulation has to run. The mandate sits in Article 323(2) of Regulation (EU) No 575/2013 (the CRR), as amended…

  • APRA Licence Conditions: The Section 9AA Power Behind the Bendigo Action

    On 18 August 2026, APRA imposed licence conditions on Bendigo and Adelaide Bank Limited over what it described as longstanding and pervasive weaknesses in the bank’s non-financial risk management framework. The action is worth reading closely by every Australian authorised deposit-taking institution, because APRA reached for a power that sits underneath the banking authority itself…

  • COREP Reporting Explained: A Practical Guide to Prudential Reporting

    What Is COREP and Why It Matters COREP stands for Common Reporting. It’s the standardized format through which EU banks and other regulated entities submit their prudential information, covering capital adequacy, risk exposure, asset quality, and liquidity data, to supervisory authorities. COREP is relevant to prudential reporting, regulatory finance and risk-reporting functions at institutions within…