Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Operational Risk Control with Basel II: Basic Principles and Capital Requirements
    Operational Risk Control with Basel II: Basic Principles and Capital Requirements
    Operational Risk Control with Basel II: Basic Principles and Capital Requirements
    Ebook273 pages8 hours

    Operational Risk Control with Basel II: Basic Principles and Capital Requirements

    By Dimitris N. Chorafas

    ()

    Read preview

    About this ebook

    Operational Risk Control with Basel II, provides a sound methodology for operational risk control and focuses on management risk and ways to avoid it. The book explains why and how information technology is a major operational risk and shows how to integrate cost control in the operational risk perspective. It aslo details analytical approaches to operational risk control, to help with scorecard developments, explains the distinction between High Frequency Low Risk and Low Frequency High Risk events and provides many case studeies from banking and insurance to demonstrate the attention operational risks deserve.
    • Assists risk professionals in preparing their institution to comply with the New Capital Adequacy Framework issued by the Basel Committee on Banking Supervision, which becomes mandatory from January 1, 2006
    • Readers benefit from a significantly broader viewpoint on types of operational risks, operational risks controls, and results to be expected from operational risk management - compared to what the reader may gain from books previously published on this same topic
    LanguageEnglish
    PublisherElsevier Science
    Release dateOct 6, 2003
    ISBN9780080473635
    Operational Risk Control with Basel II: Basic Principles and Capital Requirements
    Author

    Dimitris N. Chorafas

    Since 1961, Dr Dimitris N. Chorafas has advised financial institutions and industrial corporations in strategic planning, risk management, computers and communications systems, and internal controls. A graduate of the University of California, Los Angeles, the University of Paris, and the Technical University of Athens, Dr Chorafas has been a Fulbright scholar. Financial institutions which have sought his assistance include the Union Bank of Switzerland, Bank Vontobel, CEDEL, the Bank of Scotland, Credit Agricole, Österreichische Länderbank (Bank Austria), First Austrian Bank, Commerzbank, Dresdner Bank, Mid-Med Bank, Demir Bank, Banca Nazionale dell'Agricoltura, Istituto Bancario Italiano, Credito Commerciale and Banca Provinciale Lombarda. Among multinational corporations Dr Chorafas has worked as consultant to top management, are: General Electric-Bull, Univac, Honeywell, Digital Equipment Corp, Olivetti, Nestlé, Omega, Italcementi, Italmobiliare, AEG-Telefunken, Olympia, Osram, Antar, Pechiney, the American Management Association and host of other client firms in Europe and the United States. Dr Chorafas has served on the faculty of the Catholic University of America and as visiting professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology. Also, the University of Alberta, Ecole d'Etudes Industrielles de l'Université de Genève, and Technical University of Karlsruhe. More than 6,000 banking, industrial and government executives have participated in his seminars in the United States, England, Germany, other European countries, Asia and Latin America.

    Read more from Dimitris N. Chorafas

    Related to Operational Risk Control with Basel II

    Related ebooks

    Management For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      The Need To Rethink Risk Governance

      Jul 26, 2021

      The Need To Rethink Risk Governance
      5 min read

    • Article

      Approaching Risk from The Boardroom

      Dec 2, 2022

      Looking into risk from the perspective of the boardroom demands a note on the concept of corporate governance itself and the resulting implications. Shareholders are the principals and need to have their rights protected; management is nominated and

      7 min read

    • Article

      Are You Prepared To Take The Risk?

      May 25, 2021

      Risk is a fact of life for businesses of all kinds – large and small. If we’re lucky, we might see it coming, so that we have an opportunity to formulate a coping strategy. But how can managers and employees be best prepared to deal with the unexpect

      9 min read

    • Article

      Managing the Risks of Digital Lending

      Feb 18, 2022

      TECHNOLOGY HAS BEEN the crux of the Indian banking system and the advent of Covid-19 has fuelled the shift of business models from ‘physical’ to ‘digital’. The journey of innovation, which started with internet banking and digital means of payments,

      6 min read

    • Article

      RISK MANAGEMENT REDEFINED: Amarillo’s Fairly Group is Disrupting the Industry

      Oct 1, 2017

      “The traditional approach to managing risk has been to sell insurance,” says Alex Fairly, president of Amarillo’s Fairly Group, a company that is reshaping how large companies view, and manage, risk.

      2 min read

    • Article

      Art Of Pricing Insurance IPOs

      Oct 30, 2017

      Art Of Pricing Insurance IPOs
      5 min read

    • Article

      Global Cybersecurity Guide For Directors

      Apr 25, 2021

      Cybersecurity failure is a “clear and present danger” and critical global threat, yet responses from board directors have been fragmented, risks not fully understood and collaboration between industries limited, according to the World Economic Forum.

      2 min read

    • Article

      The Weakest Link

      Jun 24, 2018

      The Weakest Link
      7 min read

    • Article

      Taking Guard

      Sep 2, 2021

      Taking Guard
      6 min read

    • Article

      The Digital Replica

      May 27, 2022

      The Digital Replica
      6 min read

    • Article

      Edge Computing In Europe: A Key Driver Of Business Innovation

      Jan 26, 2024

      1 83% of our survey respondents believe that edge computing will be essential to remaining competitive in the future but only 65% are using edge today. 2 Super Integrators — edge adopters that tie edge to business in transformation adoption — compris

      8 min read

    • Article

      Technology Will Be The Deciding Factor

      Mar 4, 2021

      There is a good chance that 2021 will be remembered as the year the world picked itself up after Covid-19. In particular, the banking sector was forced to make years’ worth of technology and business model changes in a matter of months. In India, sin

      5 min read

    • Article

      Leapfrogging Into The Future

      Mar 22, 2024

      A ARTIFICIAL INTELLIGENCE (AI) is all set to fast-forward India’s digital economy, enhancing governance, social inclusion and push for an exponential multi-sectoral growth that includes data-driven intelligence and insights. Within the realm of AI, G

      5 min read

    • Article

      Embedding Cyber Resilience Into Your Organisation

      Apr 20, 2022

      Cyber security professionals are in high demand globally and New Zealand companies are struggling to find people with the right skills. NZTech is working with members to reduce the cybersecurity workforce gap through training, upskilling and bringing

      3 min read

    Related categories

    Reviews for Operational Risk Control with Basel II

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Operational Risk Control with Basel II - Dimitris N. Chorafas

      Enjoying the preview?
      Page 1 of 1