Despite the fragility of authoritative governing institutions at the international level, the politi-cal capacity to deal with global risks is developing. The sense of legitimacy that will ultimately derive from a deeply transnational sense of shared fate continues to lag, but even in that...

GARP's Foundations of Financial Risk creates a comprehensive understanding of financial risk and the regulatory environment under which institutions operate. It focuses on core financial risks: market, credit, and operational--and how international regulation, including the Basel Accords, affect...

This handbook examines the latest techniques and strategies that are used to unlock the risk transfer capacity of global financial and capital markets. Taking the financial crisis and global recession into account, it frames and contextualises non-traditional risk transfer tools created over the...