Operational risk has increased to a point that the Bank for International Settlements (BIS) will require DIs to account for it in the capital adequacy standards under Basel II.

Question

Quizplus · Accepted Answer

The statement is true. The Bank for International Settlements (BIS) has added operational risk to the list of risks that must be accounted for in the capital adequacy standards outlined in Basel II.

Operational Risk Has Increased to a Point That the Bank