Prof. Carrillo Menéndez - Operational Risk: What is it and What is the Corresponding Basel II Framework?
Fyrirlesturinn verður haldinn mánudaginn 30. nóvember kl. 13:00 í húsnæði Háskólans í Reykjavík, Kringlunni 1 (gamla Mbl húsinu) í stofu K-5.
Santiago Carrillo Menéndez
Professor, Universidad Autónoma de Madrid
CEO, Quantitative Risk Research, S.L.
Abstract:
Operational risk is a very important component of banking system risk which includes, in particular, model errors present in the subprime crisis. Since Basel II we have a framework for measuring and managing operational risk, jointly with market and credit risks.
