Operational Risk Capital Models
Discipline: Quantitative Analysis, Operational Risk
No of pages: 459
Operational Risk Capital Models is a guide for the implementation of state of the art operational risk capital models suitable for regulatory approval.
For insurers, Solvency II implementation has created the need, in both highly developed and less developed markets, for the development of these models that help to better understand risks, safe capital and compliance. For the banking industry, regulators in many countries in Africa, Asia and Latin America (as well as Europe) are pressing their local banks to implement advanced operational risk capital models. Banks that have made early implementation are looking to improve their capital models with new advances to match the increasing regulatory requirements.