The Basel Handbook: A Guide for Financial Practitioners

Fully up-to-date and comprehensively researched, this volume assists and advises the financial practitioner of every possible consequence of the latest Basel Accord - including advice on the implementation of systems affected by the Accord's various regulations.

Learn from contributions by those involved in setting regulation for financial institutions, risk practitioners, industry-wide organisations and third parties such as software vendors.

Features a detailed overview of the revised Accord that highlights its major changes and includes comprehensive insight and guidance that advises on the Basel Accord's three component pillars: Minimum Capital Requirement, Supervisory Review Process and Market Discipline.

Each intricate facet of this complex Accord is broken down into easily understandable chunks.

Covers the entire spectrum of related issues including: the treatment of credit risk, securitisation, the establishment of an effective operational risk framework and trading book issues.

Latest title from the best-selling author and practitioner, Michael Ong.

Michael K. Ong is professor of finance and director of the finance program at The Stuart Graduate School of Business, Illinois Institute of Technology. He is also executive director of the Center for Financial Markets. Until recently, Dr Ong was executive vice president and chief risk officer for Credit Agricole Indosuez in New York. He had enterprise-wide responsibility for all risk management functions for corporate banking, merchant banking, asset management, capital markets activities, and the Carr Futures Group. Dr Ong received a BS degree in physics, MS degree in applied mathematics, and a PhD degree in applied mathematics from the State University of New York at Stony Brook.