Descriptions of external links imported from my previous website, which was active until around April 2007.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
A working party (of which I was a member) presented a report on operational risk in general insurance to GIRO 2002. The report and slides for the presentation are both available online from my publications page.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
The Financial Services Authority have issued a series of reports outlining their new risk-based regulatory framework. This report, issued in February 2002, describes their risk-based operating framework and what it means for the firms that they regulate. In particular, it includes (as Appendix B) a probability assessment matrix that provides the risk classification system that they use. Note that the FSA is interested only in risks to their statutory objectives, and that these may not be the same as, for example, risks to shareholder value. The report is available at http://www.fsa.gov.uk/pubs/policy/bnr_progress2.pdf.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
Consultation paper 190 from the FSA discusses how capitial requirements will be determined for non-life insurers. It was issued in July 2003, and the consultation period ended on 30 November 2003. The overall effect of the proposals will be to introduce a new risk-based minimum requirement, the ECR (Enhanced Capital Requirement), and the concept of ICG (Individual Capital Guidance) which will take into account both the ECR and the systems and controls that firms have in place. CP190 is available at http://www.fsa.gov.uk/Pages/Library/Policy/CP/2003/190.shtml
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
This is a major tome, giving “20 Firmwide Best Practice Strategies”. Hoffman’s background is in banking, and the book certainly concentrates on that industry. He does make an effort to
extend the range, though. This is an extremely comprehensive book, a bit difficult to make one’s way through at times. It contains many lists of key points, which are made slightly less useful because each
list is so long. Visit the page for this book at Amazon.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
This is the first report in the series issued by the Financial Services Authority. It was published in December 2000, and describes the risks to the FSA’s statutory objectives and the method of assessing the impact of particular risks. It then goes on to consider how the probability of risks can be assessed. In Appendix 1 it provides five case studies of the impact/probability assessment framework, indicating the regulatory relationships that would be likely for various combinations of impact and probability. The report is available at http://www.fsa.gov.uk/pubs/policy/bnr_progress1.pdf.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
Consultation paper 195 from the FSA discusses how capitial requirements will be determined for non-life insurers. It was issued in August 2003, and the consultation period ended on 30 November 2003. The overall effect of the proposals will be to introduce a new risk-based minimum requirement, the ECR (Enhanced Capital Requirement), and the concept of ICG (Individual Capital Guidance) which will take into account both the ECR and the systems and controls that firms have in place. CP195 is available at http://www.fsa.gov.uk/Pages/Library/Policy/CP/2003/195.shtml
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
This is another book written primarily from a banking viewpoint. It has a whole chapter on risk management in nonbank corporations, and mentions the issues in some of the other
chapters. Its treatment of credit risk covers credit rating systems, and distinguishes several different measurement approaches. It has a chapter on operational risk. This book emphasises the need for risk management systems. Visit its page at Amazon.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
Despite its title, this report can be seen as the third in the Building the new Regulator series issued by the Financial Services Authority. It was issued in October 2002. It sets out the regulatory agenda (for insurance firms) for the next few years, and is a result of the so-called Tiner project. It emphasises that firms should realise that the new style of regulation means that they should modernise their governance and risk management frameworks, and their systems and controls. Half a dozen areas of particular concern are highlighted. The report is available at http://www.fsa.gov.uk/pubs/policy/bnr_progress3.pdf.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
Microsoft Knowledge Base Article 833618 gives details of the hotfix released on 12th January 2004. This hotfix corrects the bug in the RAND() and RANDBETWEEN() functions as well as some other problems. It is available at http://support.microsoft.com/default.aspx?kbid=833618.
This entry, which describes an external link, was imported from my old website which is now defunct. I’ve therefore given it an artificial post date of 1 August 2002.
This book, edited by Carol Alexander, is a collection of chapters by different authors that first appeared as a series in the Financial Times. The chapters vary in quality: some of them are rather more useful than others. There is an unstated bias towards banking. It has four chapters on operational risk, covering measurement and modelling as well as an overview chapter. There are several chapters on different aspects of modelling credit risk. Visit its
page at Amazon.