What are external loss data? How are they obtained? How are they used in determining operational risk
Question:
What are external loss data? How are they obtained? How are they used in determining operational risk loss distributions for a bank?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
External loss data are data relating to the losses of other banks They are data obtained from ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Research various global financial services organizations (for example, UBS AG, E-Trade, Schwab, ING, Bank of America, HSBC, RBS) through their company websites and other publicly available...
-
QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Which one of the following statements related to investigations of workplace harassment complaints under Ontario's OHSA is true? a) As a rule, such investigations should be completed with 120 days of...
-
Explain how the yield on a foreign money market security would be affected if the foreign currency denominating that security declined to a greater degree.
-
You want to know what team members are available immediately for a quick video conference. They are all workaholics and glued to their mobile devices.
-
The two steel channels are to be laced together to form a 30 -ft-long bridge column assumed to be pin connected at its ends. Each channel has a cross-sectional area of \(A=3.10 \mathrm{in}^{2}\) and...
-
Liquid extraction is an operation used to separate the components of a liquid mixture of two or more species. In the simplest case, the mixture contains two components: a solute (A) and a Liquid...
-
a) Water is running out of a conical funnel at the rate of 5 cm per second. The radius of the cone is 10 cm and height is 20 cm. Determine the rate of change of the water level when its level is 10...
-
What distributions are commonly used for loss frequency and loss severity?
-
Discuss whether there is (a) moral hazard (b) adverse selection in life insurance contracts.
-
Reflect on and write down your key priorities for the semester and especially for the next month (you may use a planning app for this task). i. Keep a diary or time log for a week and record how you...
-
Macinski Inc., in its first year of operations, has the following differences between the book basis and tax basis of its assets and liabilities at the end of 2015. It is estimated that the warranty...
-
In order to be able to use industry benchmarks to evaluate a firms performance, it is necessary to determine the industry to which the firm belongs. Eurostat (European Statistical Office) is a...
-
Imagine that you are an independent musician that plays the drums. You are on tour with a band, but it is your responsibility to get from place to place with your gear. For short trips, you need a...
-
At present, 20-year U.K. government gilts are yielding 5.4 percent, while some 20-year U.K. corporate bonds that you are interested in are yielding 9.6 percent. Assuming that the maturity-risk...
-
Imagine the following. You live in a small, rural village in Rwanda. Your eight-year-old child is a patient at your village hospital and needs a blood transfusion to survive. The hospital does not...
-
1. What law governed the Mitchells lease of the safe deposit box from the Bank? 2. How did the box-rental agreement deal with the parties liability?
-
Consider the activities undertaken by a medical clinic in your area. Required 1. Do you consider a job order cost accounting system appropriate for the clinic? 2. Identify as many factors as possible...
-
Define and give examples of the Ohio State leadership dimensions.
-
Compare and contrast trait and behavioral theories.
-
Describe Fiedler's contingency model.
-
Consider two competing firms that each have the choice between charging a low price and a high price. Firm B Low price High price Firm A Low 8,8 10,0 price High 0, 10 6,6 price Payoffs profits (firm...
-
Probability Probability Probability 1. The graph below provides a comparison of alternative techniques a US multinational company can use to hedge a receivable of SF200,000 in six months. The...
-
Good Dog Enterprises sells goods with a warranty. At December 31, 2021 Good Dog has a warranty liability of $2 million and taxable income of $75 million. At December 31, 2020 Good Dog reported a...
Study smarter with the SolutionInn App