Dr Ariane Chapelle
and Dr Gareth Peters of UCL Network of Operational Risk Managers UCL-NORM
will lead a day long workshop on the future of Operational Risk practice to
debate the new regulatory proposals of the Basel committee on the Standardized
Measurement Approach (SMA) framework versus Advanced Measurement Approach
(AMA).
This will take place at a global industry and academic conference
run yearly in Europe known as OpRisk Europe. The significance of this critical
discussion on quantitative and qualitative aspects of operational risk
modelling and recently proposed regulatory changes will be discussed. It will
be certainly a hotly debated topic that should attract regulators and banking
professionals into the debate.