01825cas a2200241 a 4500 AALejournalIMF009631 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451868173 1018-5941 BD-DhAAL BD-DhAAL Jobst, Andreas. Consistent Quantitative Operational Risk Measurement and Regulation : Challenges of Model Specification, Data Collection and Loss Reporting / Andreas Jobst. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (46 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Amid increased size and complexity of the banking industry, operational risk has a greater potential to transpire in more harmful ways than many other sources of risk. This paper provides a succinct overview of the current regulatory framework of operational risk under the New Basel Capital Accord with a view to inform a critical debate about the influence of varying loss profiles and different methods of data collection, loss reporting, and model specification on the reliability of operational risk estimates and the consistency of risk-sensitive capital rules. The presented findings offer guidance on enhanced market practice and more effective prudential standards for operational risk measurement. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/254 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/254/001.2007.issue-254-en.xml IMF e-Library