Frontiers of Risk Management was developed as a text to look at how risk management would develop in the light of Basel II. With an objective of being 10 years ahead of its time, the contributors have actually had even greater foresight. What is clear is that risk management still faces the same challenges as it did 10 years ago. With a series of experts considering financial services risk management in each of its key areas, this book enables the reader to appreciate a practitioner’s view of the challenges that are faced in practice identifying where appropriate suitable opportunities. As editor, I have only made changes in the interests of changing regulations but generally have enabled the original text to remain unaltered since it remains as valid today as when originally published.
Keywords
Basel II, credit risk, enterprise risk management, insurance risk, loss data, market risk, operational risk, outsourcing, risk appetite, risk management