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Operational Risk Control with Basel II
book

Operational Risk Control with Basel II

by Dimitris N. Chorafas
November 2003
Intermediate to advanced content levelIntermediate to advanced
400 pages
12h 48m
English
Butterworth-Heinemann
Content preview from Operational Risk Control with Basel II
18 Operational Risk Control
While these are credit risks to Equitable’s policyholders, for many of the latter the
ordeal started with an operational risk: creative marketing. Because it rests on false
premises, creative marketing is just as deadly as creative accounting, and it should be
sanctioned by top management. Six Sigma is a powerful tool in the control of this
operational risk. Chapter 8 explains why.
The examples I have just given underline some of the less known aspects of
operational risk. Solutions must be polyvalent: strengthening management, training
all personnel, studying emerging best practices, developing and using advanced
measurement ...
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Publisher Resources

ISBN: 9780750659093