Capital allocation for operational risk: welcome remarks to a conference held November 14-16, 2001 at the Federal Reserve Bank of Boston
The conference provided a comprehensive understanding of current and evolving best practices in identifying, measuring, and modeling operational risk and in managing and mitigating this risk through capital allocation, insurance, and other existing and potential risk management tools. The conference presented the perspectives of practitioners in the banking, securities, and insurance industries, as well as supervisors and academic specializing in these sectors. The conference also identified and discussed possible solutions to barriers that may be impeding the development of new approaches.
Volume (Year): (2001)
Issue (Month): ()
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