Risikomanagement der operationellen Risiken dürfte in Zukunft ein entscheidender Wettbewerbsfaktor sein. Im Rahmen der Neuregelung der … bankaufsichtsrechtlichen Vorgaben gemäß Basel II werden sowohl eine Eigenkapitalunterlegung als auch qualitative Vorgaben zum Risikomanagement … dieser Risikoklasse neu eingeführt. Erklärtes Ziel ist es, Anreize für ein verbessertes Risikomanagement zu setzen. Die …

Operational risk management and measurement has been paid an increasing attention in last years. The main two reasons … of 2006 and recent severe operational risk loss events. This paper focuses on operational risk measurement techniques and … Extreme Value Theory are considered. One of the methods used for operational risk management is a scenario analysis. Under …

results proved a heavy-tailed pattern of operational risk data consistent with the results documented by other researchers in … from emerging markets such as Central Europe are exposed to these operational risk events and that successful estimates of … the likely distribution of these risk events can be derived from more mature markets. …

Research on risk communication relates basic risk perception studies to the formulation of policies, the currently … evolving legislation dealing with hazards, the key issues of public involvement, the risk and environmental management. Risk … communication is a relatively new field based on a sociological approach. The discipline comes from risk perception studies …

Research on risk communication relates basic risk perception studies to the formulation of policies, the currently … evolving legislation dealing with hazards, the key issues of public involvement, the risk and environmental management. Risk … communication is a relatively new field based on a sociological approach. The discipline comes from risk perception studies …

, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the correlation between …

liquidity shock is compiled by analysing proxies for liquidity risk. We shed light on the capacity of the system to function …

is a new risk factor for enterprises taking part in this system. In this paper, we analyze how risk emerging from … loss account accounting for uncertainties and dependencies. Consequently, this model provides a basis for risk assessment …

The goal of integrated risk management in a financial institution is to measure and manage risk and capital across a … range of diverse business activities. This requires an approach for aggregating risk types (market, credit, and operational …) whose distributional shapes vary considerably. In this paper, we use the method of copulas to construct the joint risk …