Risk Management for Central Banks and Other Public Investors

Klappentext A survey of the fundamental issues and techniques surrounding risk management. Zusammenfassung The turmoil caused by problems in the American mortgage market has served as an important reminder of the interdependency of global financial institutions. This book presents a survey of the fundamental issues surrounding risk management and shows how central banks and other public investors can create better risk management systems. Inhaltsverzeichnis Foreword; Introduction; Part I. Investment Operations of Central Banks and Other Public Investors: 1. Central banks and other public institutions as financial investors U. Bindseil; 2. Strategic asset allocation for central banks and public investors K. Nyholm and M. Koivu; 3. Credit risk modeling for public institutions' bond portfolios H. van der Hoorn; 4. Risk control framework, limits, reporting, compliance monitoring, and other risk control functions A. Manzanares and H. Schwartzlose; 5. Performance measurement and attribution H. Bourquin, S. Hesselberg and R. Marton; Part II. Collaterised Lending Operations: 6. Credit risk taking in collaterised lending operations U. Bindseil and F. Papadia; 7. The collateral and credit risk mitigation frameworks of central banks E. Tabakis and B. Weller; 8. Risk mitigation measures and credit risk assessment in central bank policy operations F. González and P. Molitor; 9. Risk measures for a repo portfolio E. Heinle and M. Koivu; Part III. Organisational Issues and Operational Risk Management: 10. Organisational issues relating to the risk management function of public investors E. Tabakis; 11. Operational risk management in central banks J.-C. Sevet; Index.

Product details

• Authors: Ulrich (European Central Bank Bindseil, Ulrich Gonzalez Bindseil
• Assisted by: Ulrich Bindseil (Editor), Bindseil Ulrich (Editor), Fernando Gonzalez (Editor), Gonzalez Fernando (Editor), Evangelos Tabakis (Editor), Tabakis Evangelos (Editor)
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 27.10.2011
• EAN: 9781107403567
• ISBN: 978-1-107-40356-7
• No. of pages: 542
• Subjects: Social sciences, law, business > Business > Advertising, marketing; BUSINESS & ECONOMICS / Banks & Banking, Banking, BUSINESS & ECONOMICS / Budgeting, Budgeting & financial management, Budgeting and financial management