Despite twenty years of endeavor, it's thumbs down for the banks' approach to operational risk management. The Basel Committee on Banking Supervision has abandoned the flagship advanced measurement approach (AMA) - the inhouse models banks use to calculate regulatory capital - and C-suite executives wonder what possible business value can be derived from subjective, non-aggregatable, color-coded risk & control self-assessments.
In his book "Where Next for Operational Risk?" Peter Hughes examines how the banking sector lost its way in the area of operational risk management and gives his own thoughts on the next generation risk and accounting tools and techniques that will resolve many of the issues banks currently face and optimally position them to meet both the known and unknown challenges that lie ahead.
- ISBN13 9781839757877
- Publish Date 4 November 2021
- Publish Status Out of Print
- Out of Print 7 June 2023
- Publish Country GB
- Imprint Grosvenor House Publishing Ltd
- Format Paperback
- Pages 324
- Language English