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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 135
top-down and bottom-up approaches to identification of operational risk and capital
allocation.
It is unwise to enter into top-down and bottom-up arguments because in the last
analysis the background principle is the same: Whether top-down or bottom-up, the
study should have as a goal to highlight operational risk, heighten awareness of it in
the organization, and provide the funds to face op risk events. Just for the record, a
top-down approach typically starts with:
Corporate strategy
Critical risk factors, and
Enterprise-wide value-based analysis.
By contrast, bottom-up concentrates ...
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Publisher Resources

ISBN: 9780750659093