There are many accidents and risks occurred in many activities of operational systems at exclusive container terminals (ECTs) of Kaohsiung port in Taiwan. The container operators nowadays are facing great competitions on how reducing risks to manage those operational systems and activities at Kaohsiung port. Hence, the main purpose of this paper is to apply the fuzzy analytic hierarchy process ...

This publication is available on the BIS website (www.bis.org). Operational risk – Revisions to the simpler approaches iii Executive summary Introduction In the wake of the financial crisis, the Basel Committee on Banking Supervision has been reviewing the adequacy of the capital framework. The aim is not only to address the weaknesses that were revealed during the crisis, but also to reflect t...

Working Abstract: It is only recently that banks have begun to take seriously the measurement and management of operational risks. The inclusion of operational risk within Basel II is evidence of its increased importance. Although much previous research into operational risk has been directed at methods for determining levels of economic capital, our research is concerned more locally with the ...

Operational risk is defined as a consequence of critical contingencies most of which are quantitative in nature and many questions regarding economic capital allocation for operational risk continue to be open. Existing quantitative models that compute the value at risk for market and credit risk do not take into account operational risk. They also make various assumptions about ’normality’ and...