Operational Risk: A Survey
نویسنده
چکیده
The advanced measurement approach (AMA) proposed by the Basel Committee to calculate regulatory capital against operational risk is problematical because there is no consensus on what constitutes this approach, because its implementation is difficult, and because it is unlikely to pay off in terms of costs and benefits. It is argued that there is no obvious reason why the AMA would produce lower capital charges than the less sophisticated approaches, and that the development of internal models of operational risk should not be motivated by regulatory considerations.
منابع مشابه
Modeling the operational risk in Iranian commercial banks: case study of a private bank
The Basel Committee on Banking Supervision from the Bank for International Settlement classifies banking risks into three main categories including credit risk, market risk, and operational risk. The focus of this study is on the operational risk measurement in Iranian banks. Therefore, issues arising when trying to implement operational risk models in Iran are discussed, and ...
متن کاملOption Pricing in the Presence of Operational Risk
In this paper we distinguish between operational risks depending on whether the operational risk naturally arises in the context of model risk. As the pricing model exposes itself to operational errors whenever it updates and improves its investment model and other related parameters. In this case, it is no longer optimal to implement the best model. Generally, an option is exercised in a jump-...
متن کاملRisk determinants of small and medium-sized manufacturing enterprises (SMEs) - an exploratory study in New Zealand
The smooth running of small and medium-sized manufacturing enterprises (SMEs) presents a significant challenge irrespective of the technological and human resources they may have at their disposal. SMEs continuously encounter daily internal and external undesirable events and unwanted setbacks to their operations that detract from their business performance. These are referred to as ‘disturbanc...
متن کاملبررسی ورتبه بندی عوامل مؤثربرریسک عملیاتی بانکداری الکترونیکی در بانک مسکن (مطالعه موردی: شعب بانک مسکن در استان لرستان)
One of the essential tools for achieving the expansion of e-commerce is e-banking system. One of the major risks identified in the field of electronic banking, is operational risks. Accurate understanding of banks about the concept of operational risk to monitor and manage this specific category of risk effectively is vital. This study aimed to identify and rank the six factors, outsourcing, an...
متن کامل