Results of the 2007 Operational Risk Data Collection Exercise

This exercise was conducted jointly by the Financial Service Agency (FSA) and the Bank of Japan (BOJ). Participation in this exercise was voluntary. It requested information on operational risk data (internal loss data and scenario data) from 14 banks (including bank holding companies) that use or plan to use internal loss data for the calculation of operational risk capital. Note that this paper refers only to the internal loss data (it does not refer to the scenario data, partly because the number of scenarios collectively was not large enough.) The data were submitted to the FSA and BOJ through February 2007.