The Basel Handbook, A Guide for Financial Practitioners, 2nd Edition

Description
Now in its second edition, this bestselling handbook has been fully updated and expanded in light of important changes to the new Basel II Accord.

Program

"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
Bestselling Basel2 handbookNow in its second edition, this book has been fully updated and expanded in light of important changes to the new Basel II Accord such as: the asset classes required under Pillar 1, the new required elements for capital adequacy and the minimum capital requirements for securitization and operational risk, credit risk mitigation, supervisory review and market discipline.


Through trial and error, the three pillars have evolved and some of the original ideas have proved to be impractical. This popular handbook methodically identifies the fundamental changes and recent additions to Basel II, such as increased flexibility, risk sensitivity and new OpRisk capital charge. It provides a clear rationale for the revised accord and even covers those elements that are still excluded such as liquidity risk, reputational risk and legal risk.


You are presented with a unique opportunity to learn about every possible consequence of the Basel Accord from global thought leaders and fellow practitioners such as Michael Pykhtin, Steven Zhu, Ashish Dev and Scott D. Aguais amongst many others. You will find yourself referring to this essential handbook on a daily basis and find its clear guidelines essential for rolling out and implementing all systems affected by the Accord's various regulations.



Looking at the challenges banks face in complying with the new requirements of Basel II, this invaluable title quantifies the potential downstream impact of Basel II on the financial industry. In addition it assesses the degree of constraint the proposals are likely to impose on business and highlights the profound implications of Basel II on:

• Rating agencies
• Financial industry
• Global and local competition
• Costs and capital

Essential Reading on Basel2This book is essential reading for any financial practitioner affected by the Basel II accord, including chief financial officers, chief operating officers, chief investment officers, risk managers, credit risk managers, senior compliance officers, and also those working in the fields of operational risk, compliance, regulation, credit, and risk management.


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)


Editor: Michael K. Ong
Publishers: Risk Books & KPMG
ISBN 10: 1904339557
ISBN 13: 9781904339557
Pages: 500
Format: Hardback
Published Date: Jan 2007
Availability: In Stock

Buy this guide to the Basel Accords today!