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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
Allocation of capital to operational risk according to Basel II 131
however, that – as cannot be repeated too often – in all analytical solutions 80% of
the challenge is with data, and only 20% lies with heuristics and algorithms.
6.6 Capital standards and operational risk control costs
Several national bankers associations have supported, and continue to support, the
Basel Committee’s efforts to align more closely capital standards with actual risk.
They do so by promoting the opportunity for banks to use internal risk-oriented
models to assess the adequacy of their capital reserves. An example is the internal
ratings-based (IRB) approach, as well ...
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Publisher Resources

ISBN: 9780750659093