DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xlkv86/systemic) has announced the addition of the "Systemic Operational Risk: Theory, Case Studies and Regulation" book to their offering.
Systemic operational risk means operational risks that are not related to one firm only but arise simultaneously across the financial system. Examples include LIBOR, PPI, mortgage mis-selling, and FX benchmark manipulation. It includes, but is not limited to, conduct risks.
Large systemic operational risk events are starting to get significant attention from banks' boards of directors, forcing the top executives at these firms to find ways to provide assurance that internal controls will stop such events happening again. One of the main challenges operational risk managers face these days is to develop a risk control framework that would allow senior management to understand where the hot spots are and confirm that policies and procedures are in place and being followed by their employees worldwide.
Author Dr Patrick McConnell, who has over thirty years of professional experience as a senior manager and consultant working with major international financial institutions, provides an understanding of what causes these risks and how they may be tackled at macro- and micro-prudential levels of regulation.
Key Topics Covered:
Chapter 1: Overview of Operational Risk
Chapter 2: Overview of Systemic Risk
Chapter 3: Systemic Operational Risk
Chapter 4: Universal Banking, Universal Cultures
Chapter 5: Macro-Cultures
Chapter 6: Innovation and Complexity
Chapter 7: A Seismic Model of Systemic Operational Risk
Chapter 8: Systemic People Risks: Product Mis-selling
Chapter 9: Systemic Operational Risks: Manipulation
Chapter 10: Systemic Operational Risks: Legal Risks
Chapter 11: Systemic Technology Risks
Chapter 12: Regulation of Systemic Risk
Chapter 13: Macroprudential Regulation of Systemic Operational Risk
Chapter 14: Microprudential Regulation of Systemic Operational Risk
Chapter 15: Overview
For more information visit http://www.researchandmarkets.com/research/xlkv86/systemic