Operational Risk Implementation Advisory Group
Please note that this group has now been replaced by the Operational Risk Standing Group.
Minutes of ORIAG meetings
Please note that this group has now been replaced by the Operational Risk Standing Group.
ORIAG provides guidance on the UK implementation of the New Basel Capital Accord and Directive on Risk-based Capital Requirements for credit institutions and investment firms (referred to cumulatively as the ‘Capital Accord’).
The minutes are intended to enhance continued discussion of this topic rather than to present a comprehensive account of the issues or a set of agreed conclusions. They report the discussions and remarks of the group, but should not be read as representing either the formal positions of the member institutions or of the FSA. Discussion of the Capital Accord itself is of course continuing in Basel and Europe. We will consult on our implementation proposals in the normal way.