Quantification of Operational Risk Under Basel II

The Good, Bad and Ugly
2008. Auflage 2008
ISBN: 978-0-230-22266-3
Verlag: Palgrave MacMillan UK

Buch, Englisch, 268 Seiten, Format (B × H): 163 mm x 234 mm, Gewicht: 522 g

Reihe: Finance and Capital Markets Series

The book presents arguments that are critical of the Basel II Accord, particularly the advanced measurement approach to operational risk. It is argued that the advanced measurement approach is not viable in terms of costs and benefits and is likely to distract financial institutions from the real task of managing operational risk.

Zielgruppe

Research

Autoren/Hrsg.

Moosa, I.

Inhaltsverzeichnis

Preliminary Concepts and Issues From Basel I to Basel II: A Great Leap Forward? Operational Risk: Definition, Features and Classification The Advanced Measurement Approach to Operational Risk Theoretical and Empirical Studies of Operational Risk Monte Carlo Simulation: Description and Examples Operational Risk: Where Do We Stand?

Über Autor(innen)

IMAD MOOSA is currently Professor of Finance at Monash University, Australia. Prior to becoming an academic he was a professional economist and a financial journalist and he also worked as an economist at the IMF. Professor Moosa has published 9 books and over 150 papers in international journals. He has served in a number of advisory positions, including his role as an economic advisor to the U.S. Treasury.