BASEL I and BASEL II: HISTORY OF AN EVOLUTION
... • Under Basel-I, the bank has to hold 8% risk-based capital against all of these loans • To ensure the profitability of the better quality loans, the bank engages in capital arbitrage--it securitizes the loans so that they are reclassified into a lower regulatory risk category with a lower capital c ...
... • Under Basel-I, the bank has to hold 8% risk-based capital against all of these loans • To ensure the profitability of the better quality loans, the bank engages in capital arbitrage--it securitizes the loans so that they are reclassified into a lower regulatory risk category with a lower capital c ...
Key Investor Information
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
Key Investor Information
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
Foreign Exchange Risk Management
... foreign currency, and provisions for bad debts denominated in foreign currency. It is important that these exposures are identified and, where necessary, hedged, on a timely basis. 1.3 Banks are exposed to a number of different risks in the conduct of foreign exchange and general business, and these ...
... foreign currency, and provisions for bad debts denominated in foreign currency. It is important that these exposures are identified and, where necessary, hedged, on a timely basis. 1.3 Banks are exposed to a number of different risks in the conduct of foreign exchange and general business, and these ...
Key Investor Information
... The risk category was calculated using historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may ...
... The risk category was calculated using historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may ...
Investment Process and Philosophy
... The ‘best’ funds display consistent risk-adjusted returns combined with competitive charges. With strategic asset allocation forming such an important part of portfolio constructing, selecting suitable funds means looking for funds that will accurately reflect the relevant investment asset class. We ...
... The ‘best’ funds display consistent risk-adjusted returns combined with competitive charges. With strategic asset allocation forming such an important part of portfolio constructing, selecting suitable funds means looking for funds that will accurately reflect the relevant investment asset class. We ...
Existence/Occurrence Completeness/Period Valuation/Allocation
... • Existence (assets, liabilities, equity actually exist) • Rights/Obligations (accruals, deferrals made) • Valuation (amounts shown are proper under GAAP) ...
... • Existence (assets, liabilities, equity actually exist) • Rights/Obligations (accruals, deferrals made) • Valuation (amounts shown are proper under GAAP) ...
Final-Paper
... more weight to negative information when presented simultaneously rather than sequentially. (Diacon & Hasseldine, 2005.II) found that presenting past information (Framing Effect) can significantly influence the investment decision and risk perception of the investment. They overweight information th ...
... more weight to negative information when presented simultaneously rather than sequentially. (Diacon & Hasseldine, 2005.II) found that presenting past information (Framing Effect) can significantly influence the investment decision and risk perception of the investment. They overweight information th ...
Ken Peasnell - Lancaster University
... returns • Resource constraints will affect these decisions through their impact on yields on equities, bonds and other investment asset classes • Are markets myopic? Probably less than are people, governments and organisations in general • But it is hard to bet against an over-optimistic market ...
... returns • Resource constraints will affect these decisions through their impact on yields on equities, bonds and other investment asset classes • Are markets myopic? Probably less than are people, governments and organisations in general • But it is hard to bet against an over-optimistic market ...
Building an Effective Stress Testing Process
... • There is no single correct answer except “it depends”.. • It depends on the viewpoint of the party making the assessment • Generally, depositories are subject to four different capital gauges: • Regulatory capital requirements • Are usually the most binding and all encompassing ...
... • There is no single correct answer except “it depends”.. • It depends on the viewpoint of the party making the assessment • Generally, depositories are subject to four different capital gauges: • Regulatory capital requirements • Are usually the most binding and all encompassing ...
Long Term Risk - NCSU Statistics
... In this way, the institution originating the loan both raises capital to make new loans and at least partly shields itself from the risk of default by its borrowers. Statistical analysis of credit histories and probabilistic modeling of the benefits of senior status allow the risks involved in these ...
... In this way, the institution originating the loan both raises capital to make new loans and at least partly shields itself from the risk of default by its borrowers. Statistical analysis of credit histories and probabilistic modeling of the benefits of senior status allow the risks involved in these ...
Risk Measures and Risk Capital Allocation
... portfolios) have to hold cash reserves as a cushion against unforeseen losses. This amount is called risk capital and regulators determine this capital by a measure of risk. Therefore, we can define the risk capital as the minimum amount of cash that managers have to add to their portfolios for thei ...
... portfolios) have to hold cash reserves as a cushion against unforeseen losses. This amount is called risk capital and regulators determine this capital by a measure of risk. Therefore, we can define the risk capital as the minimum amount of cash that managers have to add to their portfolios for thei ...
MICROECONOMIC THEORY
... • In general, we assume that the marginal utility of wealth falls as wealth gets larger – a flip of a coin for $1,000 promises a small gain in utility if you win, but a large loss in utility if you lose – a flip of a coin for $1 is inconsequential as the gain in utility from a win is not much differ ...
... • In general, we assume that the marginal utility of wealth falls as wealth gets larger – a flip of a coin for $1,000 promises a small gain in utility if you win, but a large loss in utility if you lose – a flip of a coin for $1 is inconsequential as the gain in utility from a win is not much differ ...
risk premia on key asset classes: a south african perspective
... basis of any decision by a party to do, or to omit to do, anything. It does not constitute, and should not be construed, as advice or recommendation in any way. The author and his employer accept no responsibility for any direct or indirect consequences arising from anyone relying on or using these ...
... basis of any decision by a party to do, or to omit to do, anything. It does not constitute, and should not be construed, as advice or recommendation in any way. The author and his employer accept no responsibility for any direct or indirect consequences arising from anyone relying on or using these ...
Taisei Fire and Marine Insurance Co.
... Whilst the prime reason for the TFMI’s bankruptcy was lack of sufficient reinsurance protection against a single major event, the 9/11 terrorist attack, it was also true that TFMI, as well as the other two companies, lacked underwriting controls and relied almost entirely on ...
... Whilst the prime reason for the TFMI’s bankruptcy was lack of sufficient reinsurance protection against a single major event, the 9/11 terrorist attack, it was also true that TFMI, as well as the other two companies, lacked underwriting controls and relied almost entirely on ...
Our Investment Process - Horbury Financial Services
... hands on your money? To establish your attitude to investment risk, we will ask you a series of questions. Each answer produces a score and these are then aggregated to calculate your specific level of tolerance for risk, from 1 (low) to 10 (high). We call this your risk profile score. The risk pro ...
... hands on your money? To establish your attitude to investment risk, we will ask you a series of questions. Each answer produces a score and these are then aggregated to calculate your specific level of tolerance for risk, from 1 (low) to 10 (high). We call this your risk profile score. The risk pro ...
Country Risk Premium
... Because the Indonesia dinnerware industry is likely levered, an unlevered beta would have to be backed out (a separate problem treated in other Notes). An alternative that is sometime possible is to use an index of the ADRs of the Indonesia dinnerware industry. These ADRs, traded in the U.S., and wi ...
... Because the Indonesia dinnerware industry is likely levered, an unlevered beta would have to be backed out (a separate problem treated in other Notes). An alternative that is sometime possible is to use an index of the ADRs of the Indonesia dinnerware industry. These ADRs, traded in the U.S., and wi ...
Key Investor Information
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
Small Cap Dividends: A Potential Path to
... Consumer Staples Sector Risk, Dividend-Paying Stock Risk, Energy Sector Risk, Financials Sector Risk, IndexRelated Risk, Management Risk, Market Risk, Risk of Secondary Listings, Secondary Market Trading Risk, MidCapitalization Companies Risk, Passive Investment Risk and Utilities Sector Risk. The a ...
... Consumer Staples Sector Risk, Dividend-Paying Stock Risk, Energy Sector Risk, Financials Sector Risk, IndexRelated Risk, Management Risk, Market Risk, Risk of Secondary Listings, Secondary Market Trading Risk, MidCapitalization Companies Risk, Passive Investment Risk and Utilities Sector Risk. The a ...
PowerPoint-Präsentation
... Much harder to create value through financial activities Changes in asset price respond only to new information. This implies that asset prices move almost randomly. Berlin, 04.01.2006 ...
... Much harder to create value through financial activities Changes in asset price respond only to new information. This implies that asset prices move almost randomly. Berlin, 04.01.2006 ...
2016 Dodd-Frank Act Mid-Cycle Stress Test
... Operational risk is the risk of loss from inadequate or failed internal processes, human factors and systems, or from external events. Operational risk is inherent in each of the Corporation’s businesses and corporate functions and reflects the potential for inadequate information systems, operating ...
... Operational risk is the risk of loss from inadequate or failed internal processes, human factors and systems, or from external events. Operational risk is inherent in each of the Corporation’s businesses and corporate functions and reflects the potential for inadequate information systems, operating ...
Lecture 7
... to assess a physical investment project for an all equity financed firm We use ERi because it reflects the riskiness of the firm’s new investment project – provided the ‘new’ investment project has the same ‘business risk’ characteristics as the firm’s existing project. This is because ERi reflects ...
... to assess a physical investment project for an all equity financed firm We use ERi because it reflects the riskiness of the firm’s new investment project – provided the ‘new’ investment project has the same ‘business risk’ characteristics as the firm’s existing project. This is because ERi reflects ...
Disclosure on Market Discipline as required under Pillar III of Basel
... requirements. The Bank's approach for calculating its own internal capital requirement has been to take the minimum capital required for credit risk, market risk and operational risk under Pillar-I as the starting point and assess whether this is sufficient to cover those risks and then identify oth ...
... requirements. The Bank's approach for calculating its own internal capital requirement has been to take the minimum capital required for credit risk, market risk and operational risk under Pillar-I as the starting point and assess whether this is sufficient to cover those risks and then identify oth ...
FIELD SANITATION TEAM CERTIFICATION COURSE
... across the full spectrum of Army missions, functions, operations, and activities. - FM 5-19, Composite Risk Management ...
... across the full spectrum of Army missions, functions, operations, and activities. - FM 5-19, Composite Risk Management ...
Seeing Beyond the Tragedy of Horizons
... impacts of climate change will be felt beyond the traditional horizons of most actors – imposing a cost on future generations that the current generation has no direct incentive to fix. That means beyond the business cycle; the political cycle; and the horizon of technocratic authorities, like centr ...
... impacts of climate change will be felt beyond the traditional horizons of most actors – imposing a cost on future generations that the current generation has no direct incentive to fix. That means beyond the business cycle; the political cycle; and the horizon of technocratic authorities, like centr ...
Risk
Risk is potential of losing something of value. Values (such as physical health, social status, emotional well being or financial wealth) can be gained or lost when taking risk resulting from a given action, activity and/or inaction, foreseen or unforeseen. Risk can also be defined as the intentional interaction with uncertainty. Uncertainty is a potential, unpredictable, unmeasurable and uncontrollable outcome, risk is a consequence of action taken in spite of uncertaintyRisk perception is the subjective judgment people make about the severity and/or probability of a risk, and may vary person to person. Any human endeavor carries some risk, but some are much riskier than others.