Operational Risk Control with Basel II: Basic Principles and Capital RequirementsElsevier, 2003 M10 6 - 400 pages Operational Risk Control with Basel II, provides a sound methodology for operational risk control and focuses on management risk and ways to avoid it. The book explains why and how information technology is a major operational risk and shows how to integrate cost control in the operational risk perspective. It aslo 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 and provides many case studeies from banking and insurance to demonstrate the attention operational risks deserve.
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Operational Risk Control with Basel II: Basic Principles and Capital ... Dimitris N. Chorafas No preview available - 2004 |
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accounting action agencies analysis applications approach assets associated attention banks basic become billion capital challenge Chapter claims companies connection contracts corporate cost cover credit risk deal derivatives distribution economic effective equity established estimates example executive experts exposure faced fact factors Figure firm frequency funds global identification impact important increase industry instance institutions insurance companies interest internal investment investors involving issues legal risk liabilities limits look loss major means measurement method models necessary op risk operational risk control outsourcing performance policies practices premiums present problem profits reasons regulators regulatory reinsurance reporting requirements reserves responsibility risk management securities senior solutions standard statistics suggested technical tort trading