City and Financial has now launched
A practitioner's guide to the Basel Accord (Consultant Editors:John Tattersall and Richard Smith, PricewaterhouseCoopers LLP)
.
The Basel II framework is the biggest single step towards convergence of prudential requirements for banks that there has ever been and this book provides a practitioner's guide to the regime as it stands at the end of 2004 and to the European Commission's proposed Capital Requirements Directive, which implements the essence of the revised Basel framework.
The book is written to assist practitioners in understanding Basel and how it works. It is not intended to be an alternative to study of the framework and its appendices themselves, nor as a substitute to the draft or final regulations implementing the new structures into national legislation. It does provide, however, a thorough explanation of the Basel framework and the Capital Requirements Directive thereby avoiding unnecessary frustration for those who look at the rules without understanding their intent.
The book includes chapters on :
- Introduction and background
- The encouragement of higher quality risk management in banks
- The first pillar: Minimum capital requirements
- The first pillar: Credit risk: The standardised approach
- The first pillar: Credit risk: The internal ratings based approach
- The first pillar: Credit risk: Asset securitisation
- The first pillar: Operational risk
- The first pillar: Market risk
- The second pillar: Supervisory review
- The third pillar: Market discipline
- Economic capital
- Transitional arrangements and managing the transition
- The wider application of Basel II
- Application and implementation in Asia Pac
- Application and implementation in USA/North America
Further information about the contents and copies of the book (£85) are available through the
City and Financial website.
