DIPO is an interbanking activity launched in 2003 and designed to support the development of operational risk management and create a methodology to gather and exchange information on operational losses suffered by members.
In 2008, 34 members including banks and banking groups took part, totalling almost 200 reporting entities.
The activities primarily consist of managing and maintaining the Italian database of operational losses (DIPO), a database that has been gathering information since January 2003 on each single event generating an operational risk loss suffered by member banks.
Since february 2007, the consortium - previously under the umbrella of the Italian Banking Association - has became an unincorporated association. The association is governed by a General Meeting, a Managing Board, several Technical Committees, a Board of Auditors and a Technical Secretary.
• Details >>