The Basel Handbook: A Guide for Financial Practitioners

The Basel Handbook: A Guide for Financial Practitioners

by Michael K . Ong (Editor)

Synopsis

Comprehensively researched, this volume assists and advises the financial practitioner of every possible consequence of the latest Basel Accord - including advice on the implementation of systems affected by the Accord's various regulations. Learn from contributions by those involved in setting regulation for financial institutions, risk practitioners, industry-wide organisations and third parties such as software vendors. The book features a detailed overview of the revised Accord that highlights its major changes and includes comprehensive insight and guidance that advises on the Basel Accord's three component pillars: Minimum Capital Requirement, Supervisory Review Process and Market Discipline. The entire spectrum of related issues are covered including: the treatment of credit risk, securitisation, the establishment of an effective operational risk framework and trading book issues

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More Information

Format: Hardcover
Pages: 498
Edition: illustrated edition
Publisher: Risk Books
Published: 30 Nov 2003

ISBN 10: 1904339158
ISBN 13: 9781904339151

Media Reviews
The three pillars of Basel II are a sound structure on which other regulatory models are likely to be built. Early preparation is therefore essential. Michael Ong is one of the few modern risk managers who has held leadership roles in the banking practice and academia. He is widely respected for his work in both fields and has assembled an excellent pool of authors to help banks prepare for Basel II. David R. Koenig, Chair, Board of Directors, Professional Risk Managers' International Association (PRMIA) This book is essential reading for Bankers who are serious about reaping the rewards of the Basel II Accord. Michael has done a first-rate job of garnering considered and practical guidance from some of the leading authorities in this complex area. Shahram Sharifi, Credit Risk Director, UK Retail Bank, Lloyds TSB Bank Plc
Author Bio
Michael K. Ong is an executive vice president and chief risk officer for the Americas for Credit Agricole Indosuez. He is member of the executive committee. Before joining Credit Agricole Indosuez, Michael was senior vice president and head of enterprise risk management at ABN Amro Bank, and head of the corporate research unit at First Chicago NBD Corporation, where he was the chair of the global risk management research council and head of the market risk analysis unit. Michael has served as an assistant professor of mathematics at Bowdoin College and he is also an adjunct professor at the Stuart School of Business of the Illinois Institute of Technology. He is author of the critically acclaimed book, Internal Credit Risk Models, published by Risk Books in 1998. He received a BS degree in physics, cum laude, from the University of the Philippines, and an MA degree in physics and MS and PhD degrees in applied mathematics from the State University of New York at Stony Brook. Michael is a member of the editorial boards of the Journal of Financial Regulation and Compliance and Journal of Risk.