You have no items in your shopping cart.

Systemic Operational Risk: Theory, Case Studies and Regulation

Systemic Operational Risk: Theory, Case Studies and Regulation

  • Author:
  • Publisher: Risk Books
  • ISBN: 9781782722182
  • Published In: August 2015
  • Format: Paperback
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only

List Price: HKD 2,247.50

HKD 2,180.08 Save HKD 67.42 (3%)

Delivery Time: around 2-3 weeks
Extra 2-10 working days working days if shipping address outside Hong Kong
Free delivery HK & China?
Hong Kong: free delivery (order over HKD 500)
China: free delivery (order over RMB 500)
OR
  • Description 
  • Contents 
  • Author 
  • Details

    Systemic operational risk means operational risks that are not related to one firm only but arise simultaneously across the financial system.  Examples include LIBOR, PPI, mortgage mis-selling, and FX benchmark manipulation.  It includes, but is not limited to, conduct risks.

    Large systemic operational risk events are starting to get significant attention from banks' boards of directors, forcing the top executives at these firms to find ways to provide assurance that internal controls will stop such events happening again. One of the main challenges operational risk managers face these days is to develop a risk control framework that would allow senior management to understand where the hot spots are and confirm that policies and procedures are in place and being followed by their employees worldwide.

    Author Dr Patrick McConnell, who has over thirty years of professional experience as a senior manager and consultant working with major international financial institutions, provides an understanding of what causes these risks and how they may be tackled at macro- and micro-prudential levels of regulation.

    The financial industry is still trying to understand how to regulate risks such as those that arose in the PPI and LIBOR scandals. Initiatives to address systemic risk by international regulators include micro-prudential regulations, such as increasing capital for systemically important banks, and macro-prudential initiatives, such as the creation of the European Systemic Risk Board.

    Systemic Operational Risk gives readers a better understanding of operational risks that surface across the financial system rather than within one institution.  When considering new products and new business opportunities, readers will be able to analyse how risks can arise when competitors operate in the same markets.

    Systemic operational risk issues are an unavoidable reality and banks will need to find ways to provide a more realistic stress test to investors and regulators, as such systemic issues will be a risk for the foreseeable future.

    The book is divided into three sections. The first introduces some of the key concepts in the book; the second provides case studies on systemic operational risk; and the third discusses the regulation of systemic operational risks.

  • Part I

    Chapter 1: Overview of Operational Risk

    Chapter 2: Overview of Systemic Risk

    Chapter 3: Systemic Operational Risk

    Chapter 4: Universal Banking, Universal Cultures

    Chapter 5: Macro-Cultures

    Chapter 6: Innovation and Complexity

    Chapter 7: A Seismic Model of Systemic Operational Risk

    Part II

    Chapter 8: Systemic People Risks: Product Mis-selling

    Chapter 9: Systemic Operational Risks: Manipulation

    Chapter 10: Systemic Operational Risks: Legal Risks

    Chapter 11: Systemic Technology Risks

    Part III

    Chapter 12: Regulation of Systemic Risk

    Chapter 13: Macroprudential Regulation of Systemic Operational Risk

    Chapter 14: Microprudential Regulation of Systemic Operational Risk

    Chapter 15: Overview

  • Dr Patrick McConnell has been a senior manager in, and a consultant to, large international corporations, financial institutions and governments on multiple continents for over 35 years. His expertise is in risk management and information technology. He is a Fellow of BCS, the Chartered Institute for IT. In his academic career he has taught in Australia and Ireland to advanced students and in-house executives. He holds a Doctorate degree in Business Administration and has published and spoken widely in industry and academic forums.

You may also be interested in these books:

The Chief HR Officer
The Chief HR Officer

List Price: HKD 600.00

HKD 582.00 Save HKD 18.00 (3%)

Brand for Talent
Brand for Talent

List Price: HKD 300.00

HKD 291.00 Save HKD 9.00 (3%)

Optimize Your Greatest Asset -- Your People
Optimize Your Greatest Asset -- Your People

List Price: HKD 600.00

HKD 582.00 Save HKD 18.00 (3%)

THREE: The Human Resources Emerging Executive
THREE: The Human Resources Emerging Executive

List Price: HKD 350.00

HKD 339.50 Save HKD 10.50 (3%)

Advancing Human Resource Project Management
Advancing Human Resource Project Management

List Price: HKD 800.00

HKD 776.00 Save HKD 24.00 (3%)

Misplaced Talent: A Guide to Better People Decisions
Misplaced Talent: A Guide to Better People Decisions

List Price: HKD 300.00

HKD 291.00 Save HKD 9.00 (3%)

Developing Human Capital
Developing Human Capital

List Price: HKD 600.00

HKD 582.00 Save HKD 18.00 (3%)

Predictive Analytics for Human Resources
Predictive Analytics for Human Resources

List Price: HKD 500.00

HKD 485.00 Save HKD 15.00 (3%)

Resourcing and Talent Management, 6th Edition
Resourcing and Talent Management, 6th Edition
HKD 540.00
Managing People and Organisations
Managing People and Organisations
HKD 540.00
Common Sense Talent Management
Common Sense Talent Management

List Price: HKD 550.00

HKD 533.50 Save HKD 16.50 (3%)

Employee Engagement
Employee Engagement

List Price: HKD 388.00

HKD 376.36 Save HKD 11.64 (3%)

Reward Management
Reward Management

List Price: HKD 300.00

HKD 291.00 Save HKD 9.00 (3%)

Performance Management
Performance Management

List Price: HKD 300.00

HKD 150.00 Save HKD 150.00 (50%)

Armstrong's Handbook of Human Resource Management Practice, 13th Edition
Armstrong's Handbook of Human Resource Management Practice, 13th Edition

List Price: HKD 480.00

HKD 465.60 Save HKD 14.40 (3%)

HR Bible
HR Bible

List Price: HKD 295.00

HKD 206.50 Save HKD 88.50 (30%)

Simply HR
Simply HR

List Price: HKD 320.00

HKD 160.00 Save HKD 160.00 (50%)

Employment Law in China, 4th Edition
Employment Law in China, 4th Edition

List Price: HKD 800.00

HKD 400.00 Save HKD 400.00 (50%)

Hiring Greatness: How to Recruit Your Dream Team and Crush the Competition
Hiring Greatness: How to Recruit Your Dream Team and Crush the Competition

List Price: HKD 270.00

HKD 261.90 Save HKD 8.10 (3%)