 | Philippines - 2003 - 558 pages
...imperfections and subjectivity of valuation models used to determine the values of assets or liabilities. the risk of direct or indirect loss resulting from...processes, people and systems or from external events. the risk of loss arising from adverse changes in market prices, including interest rates, foreign exchange... | |
 | Wendy Dobson, Gary Clyde Hufbauer, Hyun Koo Cho - 2001 - 278 pages
...these internal rating systems, Basel II also proposes to levy capital charges for operational risk (the risk of direct or indirect loss resulting from...processes, people, and systems, or from external events). Some critics of this proposal dismiss it as an abrogation of the principle of external, independent... | |
 | George Walker - 2001 - 654 pages
...stage.44 For the purposes of the new charge, the Committee has adopted the standard industry definition of the risk of direct or indirect loss resulting from...internal processes, people and systems or from external events.45 This will not include strategic or reputational risk at this stage which will be considered... | |
 | Christopher L. Culp - 2002 - 624 pages
...International Swaps and Derivatives Association, British Bankers' Association, and RMA as "the risk of loss resulting from inadequate or failed internal processes, people, and systems or from external events."1 Examples of losses that can be attributed to operational risk include failed securities trades,... | |
 | David Loader - 2002 - 216 pages
...autumn. Definition of operational risk In the January 200 1 Consultative Package, operational risk was defined as: 'the risk of direct or indirect loss resulting...processes, people and systems or from external events'. The January 2001 paper went on to clarify that this definition included legal risk, but that strategic... | |
 | David Loader - 2002 - 186 pages
...autumn. Definition of operational risk In the January 200I Consultative Package, operational risk was defined as: 'the risk of direct or indirect loss resulting...processes, people and systems or from external events'. The January 200 I paper went on to clarify that this definition included legal risk, but that strategic... | |
 | Sergio E. Starkstein, Marcelo Merello - 2002 - 554 pages
...an operational risk the current Basle proposal defines operational risk as [2]: Operational risk is the risk of direct or indirect loss resulting from...processes, people and systems or from external events. Strategic and reputational risks are not included in this new definition, but as before it focuses... | |
 | Kris Hinterseer - 2002 - 514 pages
...operation risk is the most important in the money laundering context. Operational risk refers to "... the risk of direct or indirect loss resulting from...internal processes, people, and systems or from external events74." Money laundering is a form of operational risk. Where the know-your-client procedures set... | |
 | Thomas L. Barton, William G. Shenkir, Paul L. Walker - 2002 - 290 pages
...separate discipline has received attention primarily during the past three years. Operational risk is defined as the risk of direct or indirect loss resulting...failed internal processes, people, and systems or external events. This study excludes business risk, such as competitive positioning, economic cycles,... | |
 | Christopher L. Culp - 2002 - 590 pages
...Derivatives Association, British Bankers' Association, and Risk Management Association as "the risk of loss resulting from inadequate or failed internal processes, people, and systems or from external events."1 Examples of losses that can be attributed to operational risk include failed securities trades,... | |
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Package, operational risk was defined as: 'the risk of direct or indirect loss resulting from inadequate or failed internal processes, people and systems or from external events'. 
