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Risk management/Operational risk

The fat tail

Minh-Tri Nguyen and Martin Ottmann aim to quantify op risk with multi-stage curve fitting and extreme value theory applied with the loss distribution approach

US Basel II gone AWOL

Well, has Basel II finally ridden off the rails in the US? This seems to be the case. The inclusion of a new study on Basel II, to be conducted by the General Accounting Office, does rather seem to threaten the timetable that the US regulators announced…

Could do better?

Some industry participants believe US supervisors' approach to Basel II implementation is flawed, according to a survey by OR&C . By Ellen Davis

Operational risk and compliance

One of the attractions of working on operational risk is the variety of the subject matter that is generally categorised under that heading. Op risk covers a series of diverse risk drivers. Examples are fraud, processing issues, and legal and regulatory…

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