Operational Risk Toward Basel III: Best Practices and Issues in Modeling, Management, and Regulation

Praise for Operational Risk toward Basel III

"This book provides a comprehensive framework for understanding operational risk at both the qualitative and quantitative level. The discussions on best practices, management, and the regulatory environment are very valuable for anyone working in this field."
—Paul Brockman, Matteson Professor of Financial Services, College of Business, University of Missouri

"Operational risk has entered the finance arena recently and has become a very popular and important area. This book, edited by Professor Greg Gregoriou, is a serious, well-thought, and much-needed contribution to the finance literature. The content here is designed to advance the knowledge of academics and practitioners alike, covering all the latest developments. It nicely balances all elements of operational risk (i.e., modeling, managing, and regulating) without sacrificing its academic rigor."
—Dr. Sotiris K. Staikouras, Associate Professor of Banking & Finance, Director of Undergraduate Programmes, Cass Business School, London

"This book collects unique and useful insights into qualitative and quantitative operational risk management techniques and is therefore a must-read for both scholars and professionals. Greg Gregoriou has done an excellent job of collecting highly informative contributions from leading experts on this topic, presenting the latest cutting-edge research in operational risk management."
—Dr. Dieter Kaiser, Director of Hedge Funds, Feri Institutional Advisors GmbH

"This is an important work on a topic of keen interest to risk management personnel at financial institutions, and to all those involved in researching or advising on the Basel II Capital Accord. The editor, Professor Greg Gregoriou, is to be congratulated for bringing together these stimulating, cutting-edge contributions on operational risk."
—Dr. Paul Ali, SJD, Associate Professor, Melbourne Law School, The University of Melbourne