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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 133
A very important organizational effort is needed to be in charge of this
situation.
Capital is important, but there should be no overemphasis on capital as a substitute
to sound management and rigorous supervision.
Some commercial banks are concerned about the lack of detail on the variety of
operational risk components. They criticize the fact that setting capital requirements
for different op risk at approximately 12% of capital, is arbitrary and not consistent
with their own estimates of operational risk exposure (which they say are much lower,
but provide no statistics to prove ...
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Publisher Resources

ISBN: 9780750659093