Banking
操作风险资本
Capital that banks are required to hold to cover losses from operational risk events, including process failures, fraud, or system breakdowns, as defined under Basel standards.
Quick answer: Capital that banks are required to hold to cover losses from operational risk events, including process failures, fraud, or system breakdowns, as defined under Basel standards.
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Definition
Capital that banks are required to hold to cover losses from operational risk events, including process failures, fraud, or system breakdowns, as defined under Basel standards.
Operational example
Operational risk capital must be allocated according to regulatory formulas to safeguard against losses from fraud, system failures, or process breakdowns.
Localized example
操作风险资本应按监管公式分配,以防止因欺诈、系统故障或流程失误导致的损失。
Definition language
English reference definition
Source
CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
Target audience
- Financial Analysts
- Bankers
- Traders