Operational risk increased to a point that the Bank for International Settlements (BISs)required DIs to account for the risk in the capital adequacy standards under Basel II.

Question

Quizplus · Accepted Answer

This statement is true. The Bank for International Settlements (BIS) did require Deposit Institutions (DIs) to account for operational risk in the capital adequacy standards under Basel II due to the increased importance of this type of risk.

Operational Risk Increased to a Point That the Bank for International