Skip to content


ORX Membership


Operational Resilience Community

Risk programme

Leadership, Strategy & Advancing Op Risk

Regulatory response - November 2020

Using our position as a global operational risk association, we've brought together the thoughts of our members to create a group response to the BCBS consultation.

We're interested in how well suited the proposals are for today, and how well they will accommodate future innovation. ORX All ORX members can download the response letters to read more. 

About the BCBS consultations

On 6 August the Basel Committee on Banking Supervision (BCBS) published a consultation on principles for operational resilience and the long-awaited revisions to the principles for the sound management of operational risk (PSMOR). These were the first formal consultations on operational risk supervision for several years.













Gated content start

This resource is only available to ORX members

Want to access this resource?

If your firm is a member of ORX, log in or register to read this resource.

Log into the ORX website

Not a member? Talk to us today to discuss how you could join the ORX community.

Speak to an expert

Gated content stop


Luke Carrivick

Luke Carrivick

Executive Director, ORX


Become a member of ORX

Book a call to find out how ORX can support operational risk management at your firm.

Talk to us today