UID:
almahu_9949698022502882
Format:
1 online resource (389 p.)
ISBN:
1-281-00317-4
,
9786611003173
,
0-08-047363-6
Content:
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*Assist
Note:
Description based upon print version of record.
,
Front Cover; Operational Risk Control with Basel II: Basic principles and capital requirements; Copyright Page; Contents; Foreword; Preface; Acknowledgements; Part 1: Operational risk is present at any time in every enterprise; Chapter 1. Management control of operational risk; 1.1 Introduction; 1.2 The presence of operational risk in an organization; 1.3 The management of operational risk events; 1.4 Supervisory response to operational risk; 1.5 A strategy for bringing operational risk under control; 1.6 Operational risk must be managed at all organizational levels
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1.7 Turning operational risk control into a senior management tool Chapter 2. Classification, identification and monitoring of operational risk; 2.1 Introduction; 2.2 Basel Committee directives in understanding operational risk; 2.3 Classification of operational risks and the Basel Committee; 2.4 A classification and identification system for operational risks; 2.5 The Chorafas parallel code system as an organizational infrastructure; 2.6 Quantitative and qualitative approaches to operational risk identification; 2.7 A framework for monitoring operational risk
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2.8 The art of operational risk modeling 2.9 The role of internal control and auditing in operational risk management; Chapter 3. Legal risk; 3.1 Introduction; 3.2 Back to basics: the definition of tort; 3.3 Responsibilities resulting from legal risk; 3.4 Contractual aspects of legal risk; 3.5 Crossborder legal risk and bankruptcy laws; 3.6 Legal risk may be an impediment to a solution to a banking crisis; 3.7 Huge credit losses, securitized corporates, and legal risk; 3.8 Compliance risk: a case study with the Year 2000 problem; Chapter 4. Management risk; 4.1 Introduction
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4.2 Management risk in the power crisis in the United States 4.3 The changing nature of energy business calls for high grade management skill; 4.4 An operational risk which morphs into major credit risk; 4.5 The derivatives losses of EDS: a different management risk; 4.6 Management risk at Tyco International; 4.7 The CEO should be an example of virtue, not of malfeasance; 4.8 Conflicts of interest: from IPOs to disappearing technology firms; Chapter 5. Information technology risk; 5.1 Introduction; 5.2 Technology risk defined; 5.3 The growing role of IT and its risks
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5.4 Advanced IT solutions and smart environments 5.5 Business continuity and IT-related operational risk; 5.6 System reliability should always be a major objective; 5.7 Trading, payments, settlements, and operational risks associated to IT; 5.8 Operational risk that may result from IT outsourcing and insourcing; Part 2: Capital requirements for operational risk and Basel II solutions; Chapter 6. Allocation of capital to operational risk according to Basel II; 6.1 Introduction; 6.2 Regulatory capital vs economic capital; 6.3 Economic capital and levels of confidence
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6.4 A bird's-eye view of models for operational risk reserves
,
English
Additional Edition:
ISBN 0-7506-5909-2
Language:
English
