Foundations of Financial Risk: An Overview of Financial Risk and Risk-based Financial Regulation (Wiley Finance) - Softcover

GARP (Global Association Of Risk Professionals); Apostolik, Richard; Donohue, Christopher

Softcover

ISBN 10: 111909805X ISBN 13: 9781119098058

Publisher: Wiley, 2015

Synopsis

Gain a deeper understanding of the issues surrounding financial risk and regulation

Foundations of Financial Risk details the various risks, regulations, and supervisory requirements institutions face in today's economic and regulatory environment. Written by the experts at the Global Association of Risk Professionals (GARP), this book represents an update to GARP's original publication, Foundations of Banking Risk. You'll learn the terminology and basic concepts surrounding global financial risk and regulation, and develop an understanding of the methods used to measure and manage market, credit, and operational risk. Coverage includes traded market risk and regulation, treasury risk and regulation, and much more, including brand new coverage of risk management for insurance companies. Clear explanations, focused discussion, and comprehensive relevancy make this book an ideal resource for an introduction to risk management.

The textbook provides an understanding of risk management methodologies, governance structures for risk management in financial institutions and the regulatory requirements dictated by the Basel Committee on Banking Supervision. It provides thorough coverage of the issues surrounding financial risk, giving you a solid knowledgebase and a practical, applicable understanding.

• Understand risk measurement and management
• Learn how minimum capital requirements are regulated
• Explore all aspects of financial institution regulation and disclosure
• Master the terminology of global risk and regulation

Financial institutions and supervisors around the world are increasingly recognizing how vital sound risk management practices are to both individual firms and the capital markets system as a whole. Savvy professionals recognize the need for authoritative and comprehensive training, and Foundations of Financial Risk delivers with expert-led education for those new to risk management.

About this title

About the Author

The Global Association of Risk Professionals (GARP) is a not-for-profit association consisting of 74,890 individuals around the world who are involved in financial risk management. Members come from more than 100 countries and work in regional and global banks, asset management firms, insurance companies, central banks, securities regulators, hedge funds, universities, large industrial corporations and multinationals.

From the Back Cover

An overview of financial risk and risk-based financial regulation

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 the management of these risks.

From the Inside Flap

An overview of financial risk and risk-based financial regulation

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 the management of these risks.

Edition details

• Publisher: Wiley
• Publication date: 2015
• Language: English
• ISBN 10: 111909805X
• ISBN 13: 9781119098058
• Binding: Paperback
• Edition number: 2
• Number of pages: 368