Carol Alexander, University of Reading

Publisher: Financial Times Press
Copyright: 2003
Format: Cloth; 368 pp

ISBN-10:	0273659669
ISBN-13:	9780273659662

Our Price: £75.00
Status: Instock
Published: 12 Mar 2003

A comprehensive and innovative look at how to protect financial institutions from operational risk.

PART I: REGULATION AND CONTROL
1. The rationale for regulation (Ralph Nash, Secretariat of the Basel Committee)
2. Mangement Responsibilities (David Clark, FSA)
3. The likely Impact of Operational Risk Regulation on the Financial Industry (Simon Wills, BBA)
4. A critique of operational risk regulation and control (Jacques Pezier, Warwick Business School)
PART II. CATEGORIES OF OPERATIONAL RISK
5. Execution, Delivery and Process Manangement (Richard Harrington, ISMA)
6. Data consortiums: Internatl and External Fraud  (OpVantage)
7. Insurance: Disruption,systems failure and damage (Swiss-Re)
8. Legal Risk: Business and employment practice
PART III: MODELLING OPERATIONAL RISK
9. Understanding the models: mathematical background (carol alexander, ISMA centre)
10. Implementing the standardised approach (Jimmy Hinchliffe, FSA)
11. Implementing the internal measurement approach (Tony Peccia, CIBC)
12. Implementing the loss Distribution Approach (Michael Haubenstock, PWC)
13. Implementing the scorecard Approach (Tony Blunden, Ernst and Young)
14. Implementing a Bayesian Network (Algorithmics)

• A single-source guide to implementing the new operational risk regulation and best practice, written by the most respected authors in the field.
• As new directives have just been announced in the field, this book explains what the new directives are, how to comply with them and how to understand their future implications.