Basel III Endgame: The Latest Developments Related to Operational Risk

The operational risk portion of the proposed Basel III Endgame rulemaking has sparked concern from industry participants. In its currently proposed form, the plan deviates considerably from current practice and has the potential to distort how banks account for operational risk across businesses.

Learning Objectives:

• Understand the latest state of play on the Basel III NPR, focusing on the operational risk portion.
• Hear industry reactions to the proposal and a discussion of alternative counterproposals.
• Get perspectives on the direction of travel of the rulemaking process and potential outcomes.
• Get perspectives on what the proposed rule may mean for banks, including on how banks may allocate capital across businesses.