Transcription of Basel Committee on Banking Supervision
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Basel Committee on Banking Supervision
Basel Committee on Banking Supervision Principles for Operational Resilience March 2021 This publication is available on the BIS website ( ). Bank for International Settlements 2021. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN 978-92-9259-467-1 (online) Principles for Operational Resilience iii Contents Principles for operational resilience .. 1 I. Introduction .. 1 II. An evolving operational risk landscape .. 1 III. Essential elements of operational resilience .. 2 IV. Definition of operational resilience .. 3 V. Operational resilience principles .. 3 Governance .. 4 Operational risk management.
financial stability due to the banking group’s size or market share, external and internal interconnectedness, complexity and cross-border activities. Examples include payments, custody, certain lending and deposit -taking activities in the commercial or
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