and more or less risk sensitivity in capital requirements. Following the approach in Barth et al. (2004, 2006, 2008) we … their effect on banks’ risk, capital, efficiency and cost. We show that more stringency and more risk sensitivity in …

international property, increased levels of debt, incorporating property development activities via use of stapled securities … 1996-2006, the changing risk profile of LPTs is assessed. Since 2003, while the "expectation" was for higher LPT risk … levels, there has been no evidence of increased levels of LPT risk, particularly in the international LPT and stapled …

Although there have been substantial developments in financial reporting over recent years, the reporting of risk in … risk. In the financial services sector, the industry standard for risk disclosure is value at risk (VaR), but this applies … only to a relatively small proportion of financial service sector risk ? this being market risk in trading activities …

capital standards, known as Basel II. The proposal includes a formal capital charge against operational risk in the business … activities of banks. The calculation of an operational risk capital charge is based on a spectrum of three increasingly … capital charge for operational risk, while the most sophisticated approach, the Advanced Measurement Approaches, use a bank …

people, products, risk exposures, and to manage and optimise capital levels. From a risk management perspective, pricing …

stakeholders of a bank, regulators, depositors, debt holders, shareholders and management. We further put the risk preference … capital at risk is driven more by external forces such as ratings agencies, or the prerogative of senior executives in the … bank, rather than a disciplined and consistent analysis of risk based on the entire distribution of potential outcomes …

. However, a higher credit rating should also reduce the cost of rated-debt that a bank uses to fund its assets. We develop a … matched by the reduction in the cost of rated-debt, and compare our theoretically-derived results to actual credit spreads on … bank debt rated by Standard and Poor's in order to determine the if there is an optimal credit rating for a bank. Our model …

accrue to banks from a high credit rating, in general, are access to lower cost funds in debt markets and low counterparty …

Committee has sought to determine risk-sensitive capital requirements that are conceptually sound and which incorporate greater … also provides a range of options for determining the capital requirements for credit risk and operational risk to allow … regulatory compliance to strategic goals related to maximising return on risk measurement and management activities. …