Operational risk control with Basel II
basic principles and capital requirements
- ISBN: 9780750659093
- Editorial: Butterworth-Heinemann Ltd.
- Fecha de la edición: 2004
- Lugar de la edición: Oxford. Reino Unido
- Encuadernación: Cartoné
- Medidas: 25 cm
- Nº Pág.: 357
- Idiomas: Inglés
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
