Quantification of Operational Risk under Basel II
The Good, Bad and Ugly
Published on 31. October 2008
Book
Hardback
XIX, 268 pages
978-0-230-22266-3 (ISBN)
Description
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.
More details
Series
Edition
2008 edition
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Product notice
Unsewn / adhesive bound
Paper over boards
With dust jacket
Illustrations
XIX, 268 p.
Dimensions
Height: 234 mm
Width: 163 mm
Thickness: 25 mm
Weight
522 gr
ISBN-13
978-0-230-22266-3 (9780230222663)
DOI
10.1057/9780230595149
Schweitzer Classification
Other editions
Additional editions
E-Book
10/2008
Palgrave Macmillan
€149.79
Available for download
Book
01/2008
Palgrave Macmillan
€160.49
Shipment within 15-20 days
Person
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.
Content
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?