{"product_id":"operational-risk-toward-basel-iii-9780470390146","title":"Operational Risk Toward Basel III","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThis book consists of chapters by contributors (well-known professors, practitioners, and consultants from large and well respected money management firms within this area) offering the latest research in the OpRisk area. The chapters highlight how operational risk helps firms survive and prosper by givingreaders the latest, cutting-edge techniques in OpRisk management. Topics discussed include: Basel Accord II, getting ready for the New Basel III, Extreme Value Theory, the new capital requirements and regulations in the banking sector in relation to financial reporting (including developing concepts such as OpRisk Insurance which wasn''t a part of the Basel II framework). The book further discussed quantitative and qualitative aspects of OpRisk, as well as fraud and applications to the fund industry.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003eAbout the Editor xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003eAbout the Contributors xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Operational Risk Measurement: Qualitative Approaches\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Modeling Operational Risk Based on Multiple Experts’ Opinions 3\u003cbr\u003e\u003ci\u003eJean-Philippe Peters and Georges H\u003c\/i\u003e\u003ci\u003eübner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 2 Consistent Quantitative Operational Risk Measurement 23\u003cbr\u003e\u003ci\u003eAndreas A. Jobst\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 3 Operational Risk Based on Complementary Loss Evaluations 69\u003cbr\u003e\u003ci\u003eAndrea Giacomelli and Loriana Pelizzon\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 4 Can Operational Risk Models Deal with Unprecedented Large Banking Losses? 85\u003cbr\u003e\u003ci\u003eDuc Pham-Hi\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 5 Identifying and Mitigating Perceived Risks in the Bank Service Chain: A New Formalization Effort to Address the Intangible and Heterogeneous Natures of Knowledge-Based Services 97\u003cbr\u003e\u003ci\u003eMagali Dubosson and Emmanuel Fragni\u003c\/i\u003e\u003ci\u003eère\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 6 Operational Risk and Stock Market Returns: Evidence from Turkey 115\u003cbr\u003e\u003ci\u003eM. Nihat Solako\u003c\/i\u003e\u003ci\u003eĝlu and K. Ahmet K\u003c\/i\u003e\u003ci\u003eöse\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Operational Risk Measurement: Quantitative Approaches\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 7 Integrating Op Risk into Total VaR 131\u003cbr\u003e\u003ci\u003eNiklas Wagner and Thomas Wenger\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 8 Importance Sampling Techniques for Large Quantile Estimation in the Advanced Measurement Approach 155\u003cbr\u003e\u003ci\u003eMarco Bee and Giuseppe Espa\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 9 One-Sided Cross-Validation for Density Estimation with an Application to Operational Risk 177\u003cbr\u003e\u003ci\u003eMar\u003c\/i\u003e\u003ci\u003eía Dolores Mart\u003c\/i\u003e\u003ci\u003eínez Miranda, Jens Perch Nielsen, and Stefan A. Sperlich\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 10 Multivariate Models for Operational Risk: A Copula Approach Using Extreme Value Theory and Poisson Shock Models 197\u003cbr\u003e\u003ci\u003eOmar Rachedi and Dean Fantazzini\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 11 First-Order Approximations to Operational Risk: Dependence and Consequences 219\u003cbr\u003e\u003ci\u003eKlaus B\u003c\/i\u003e\u003ci\u003eöcker and Claudia Kl\u003c\/i\u003e\u003ci\u003eüppelberg\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Operational Risk Management and Mitigation\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 12 Integrating “Management\" into “OpRisk Management\" 249\u003cbr\u003e\u003ci\u003eWilhelm K. Kross\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 13 Operational Risk Management: An Emergent Industry 271\u003cbr\u003e\u003ci\u003eKimberly D. Krawiec\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 14 OpRisk Insurance as a Net Value Generator 289\u003cbr\u003e\u003ci\u003eWilhelm K. Kross and Werner Gleissner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 15 Operational Risk Versus Capital Requirements under New Italian Banking Capital Regulation: Are Small Banks Penalized? 311\u003cbr\u003e\u003ci\u003eSimona Cosma, Giampaolo Gabbi, and Gianfausto Salvadori\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 16 Simple Measures for Operational Risk Reduction? An Assessment of Implications and Drawbacks 337\u003cbr\u003e\u003ci\u003eSilke N. Brandts and Nicole Branger\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four Issues in Operational Risk Regulation and the Fund Industry\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 17 Toward an Economic and Regulatory Benchmarking Indicator for Banking Systems 361\u003cbr\u003e\u003ci\u003eJohn L. Simpson, John Evans, and Jennifer Westaway\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 18 Operational Risk Disclosure in Financial Services Firms 381\u003cbr\u003e\u003ci\u003eGuy Ford, Maike Sundmacher, Nigel Finch, and Tyrone M. Carlin\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 19 Operational Risks in Payment and Securities Settlement Systems: A Challenge for Operators and Regulators 397\u003cbr\u003e\u003ci\u003eDaniela Russo and Pietro Stecconi\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 20 Actual and Potential Use of Unregulated Financial Institutions for Transnational Crime 413\u003cbr\u003e\u003ci\u003eCarolyn Vernita Currie\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 21 Case Studies in Hedge Fund Operational Risks: From Amaranth to Wood River 435\u003cbr\u003e\u003ci\u003eKeith H. Black\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 22 A Risk of Ruin Approach for Evaluating Commodity Trading Advisors 453\u003cbr\u003e\u003ci\u003eGreg N. Gregoriou and Fabrice Douglas Rouah\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eChapter 23 Identifying and Mitigating Valuation Risk in Hedge Fund Investments 465\u003cbr\u003e\u003ci\u003eMeredith A. Jones\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIndex 479\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402320978263,"sku":"9780470390146","price":56.25,"currency_code":"GBP","in_stock":false}],"url":"https:\/\/bookcurl.com\/products\/operational-risk-toward-basel-iii-9780470390146","provider":"Book Curl","version":"1.0","type":"link"}