Screen LibraryOperational risk control with Basel II : basic principles and capital requirements /
This book: *provides a sound methodology for operational risk control *focuses on management risk and ways to avoid it *explains why and how information technology is a major operational risk *shows how to integrate cost control in the operational risk perspective *details analytical approaches to o...
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| Main Authors: | |
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| Corporate Authors: | |
| Published: |
Elsevier Butterworth-Heinemann,
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| Publisher Address: | Amsterdam ; Boston : |
| Publication Dates: | 2004. |
| Literature type: | eBook |
| Language: | English |
| Subjects: | |
| Online Access: |
http://www.sciencedirect.com/science/book/9780750659093 |
| Summary: |
This book: *provides a sound methodology for operational risk control *focuses on management risk and ways to avoid it *explains why and how information technology is a major operational risk *shows how to integrate cost control in the operational risk perspective *details analytical approaches to operational risk control, to help with scorecard developments *explains the distinction between High Frequency Low Risk and Low Frequency High Risk events *provides many case studeies from banking and insurance to demonstrate the attention operational risks deserve *Assists risk professionals in preparing their institution to comply with the New Capital Adequacy Framework issued by the Basel Committee on Banking Supervision, which becomes mandatory from January 1, 2006 *Readers benefit from a significantly broader viewpoint on types of operational risks, operational risks controls, and results to be expected from operational risk management - compared to what the reader may gain from books previously published on this same topic. |
| Item Description: | Includes index. |
| Carrier Form: | 1 online resource (xxx, 357 pages) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: |
9780080473635 0080473636 1417507780 9781417507788 9780750659093 0750659092 |
| Index Number: | HD61 |
| CLC: | F830 |
| Contents: | Operational risk is present in every enterprise- The many types of operational risk; Why management risk, legal risk, and information technology risk are the most important operational risks; Other key operational risks to which senior management and the back office should pay attention; Identification, monitoring, and measurement of operational risk; A case study with operational risk in the insurance industry; Addressing the top-most operational risk- A case study with operational risk in management; Why deficient cost control is the best result of management risk; Legal aspects of operational risk; A case study on operational risks in information technology; Establishing the basis of the scorecard approach- Analytical solutions to operational risk control; Needed experimentation in understanding and gauging operational risk; The scorecard approach suggested by the Basle committee; High frequency low risk and low frequency high risk events; Financial Reserves are not the only means of for facing operational risks- Capital reserves for operational risks; Using insurance as an alternative to operational risk capital requirements. |