Operational Risk: Regulation, Analysis and Management

摘要: In recent years, supervisors and the banking industry have recognised importance of operational risk. According to a survey, about 70% banks consider risk as important market or credit risks. Nearly quarter same admit operation-related losses more than $1.6 billion. Developments such use highly automated technology, growth e-commerce, large-scale mergers acquisitions, increased outsourcing all suggest that exposures are substantial growing. As result, there is emphasis on sound management at financial institutions, greater prominence in banks' internal assessment allocation processes. The currently undergoing surge innovation development these areas. Should institutions be concerned with risks? If so, how should they assessed intelligently integrated other What best pratices emerged for measurement This book provides first authoritative up-to-date treatment issues.