ii capital charge and risk quantification

... of outstanding debt is 300,000 euros The cost of debt capital is percent For the common stock, the outstanding market value is: (50 euros × 10,000) = 500,000 euros The cost of equity capital ... weighted-average cost of capital will not change The financial structure, however, has changed Common stock is now worth 250,000 euros Assuming that the market value of debt and the cost of debt capital are ... financial leverage d Company cost of capital = (D/V)(rdebt) + (E/V)(requity) Company cost of capital = (0.4 × 0.06) + (0.6 × 0.075) = 0.069 = 6.9% 83 a b With risk- free debt: βassets = E/V × βequity...

Ngày tải lên: 14/08/2014, 11:20

... the credit risk capital charges The current regulatory capital structure separates positions into those subject to market risk capital standards and those subject to credit risk standards, primarily ... credit risk models Using the current market risk capital requirements as a guide, we identified three basic components of an IM credit risk capital charge: prudential standards defining the risk ... underlying credit risk models We then describe the basic components of an IM capital framework for credit risk prudential standards, modeling standards, and validation techniques and discuss a range...

Ngày tải lên: 22/03/2014, 18:20

... simple and is less demanding of time and resources • Stochastic modeling is more realistic and quantifies uncertainty • Monte Carlo simulation is a standard stochastic modeling algorithm Standardized ... relevant goals, objectives, and criteria • Forces quantification of value judgements, subjectivity, and uncertainty • Supports and enhances identification, development, and evaluation of alternative ... Decision criteria • Value-of-information analysis and further site characterization • Decision analysis and remedy selection – Risk manager—be protective – Risk assessor—be unbiased • Precaution required...

Ngày tải lên: 09/07/2014, 08:21

... First Pillar ─ Minimum Capital Requirements I Calculation of minimum capital requirements I.a Constituents of capital II Credit risk ─ Standardised Approach III Credit Risk ─ Internal Ratings ... this Framework, (ii) less the difference between total provisions and expected loss amount as described in Section III.G (see paragraphs 374 to 386), and (iii) plus other Tier and Tier deductions ... eligible capital to cover market risks consists of shareholders’ equity and retained earnings (Tier capital) and supplementary capital (Tier capital) as defined in paragraphs 49(i) to 49(xii) But...

Ngày tải lên: 23/07/2014, 10:03

... to poor water and sanitation, and 2–3% from risks such as unsafe sex, tobacco, alcohol and occupational exposures Improving Comparative Quantification of Diseases, Injuries and Risk Factors: ... Disease and Injuries, and the major risk factors that cause http://www.globalizationandhealth.com/content/1/1/5 those health outcomes The approach has been widely adopted by countries and health ... Table 2: Global burden of disease and injury attributable to selected risk factors, 1990 Risk factor Malnutrition Poor water supply sanitation and personal and domestic hygiene Unsafe sex Tobacco...

Ngày tải lên: 11/08/2014, 18:20

... Overview • • • • • • • • • • Mối quan tâm CIO GreenIT Các vấn đề trước mắt, trung hạn dài hạn Benefits and Dirversof GreenIT Cuộc cách mạng công nghệ lưu trữ SAN gì?(Storage Area Network) Khả liên kết ... management technique of switching off four systems results in a total power consumption of 4kW and a 70% utilized system Bùng nổ nhu cầu lưu trữ liệu • • • • • • • • Nhu cầu lưu trữ ngày tăng ... Dual-Fabric SAN Storage Consolidation Architecture Các công nghệ • Giao thức iCSI • FCoE • Infiniband • Ảo hóa • Phần mềm quản lý nguồn lưu trữ • Sự hội tụ SAN/NAS iSCSI Hệ thống lưu trữ FC ưa dùng...

Ngày tải lên: 17/09/2012, 10:43

... of CAP shocks on CUR and RGDP are invariant to the ordering between CUR and RGDP On the other hand, capital flows might affect CUR and RGDP within a quarter, and the CUR and RGDP shocks may reflect ... Philippines, and Thailand), China, Singapore, Taiwan, Hong Kong, Japan, Australia and New Zealand Section provides an empirical analysis of the relationship between capital flows and business ... providing detailed stylized facts on capital flows and business cycles in the Asia Pacific region and by empirically analyzing the relationship between capital flows and business cycles For empirical...

Ngày tải lên: 24/10/2012, 09:27

... Xu B and Song J Prevalence and risk factors of overactive bladder syndrome in Fuzhou Chinese women Neurourol Urodyn 2006; 25:717 Teleman PM, Lidfeldt J, Nerbrand C, Samsioe G, Mattiasson A and ... Overactive bladder: prevalence, risk factors and relation to stress incontinence in middle-aged women BJOG 2004; 111:600 Coyne K, Margolis M, Zyczynski T, Elinoff V and Roberts RG Validation of ... there was a statistically significant association between OAB and hepatitis (p=0.03, OR=2.2) See Table Table Prevalence of OAB, LUTS and OAB subtypes DISCUSSION The prevalence of OAB in men has...

Ngày tải lên: 25/10/2012, 11:35

... gestational age, height and weight of the neonate, and personal identifiers for both mother and child [24] Use of loratadine, other antihistamines, IVF drugs, antidiabetics and epileptics As a part ... based on the HDR, and it is known that discharge diagnoses listed in discharge registries are not always accurate We reviewed 43 records of the hypospadias cases in our study and Int J Med Sci ... (95% CI 0.0-3.8) and for the entire pregnancy 0.5 (95% CI 0.0-2.7) The adjusted ORs for other antihistamines were 1.1 (95% CI: 0.2-3.7) and 0.7 (95% CI: 0.1-2.3), respectively The risk point estimates...

Ngày tải lên: 02/11/2012, 10:09

... the Riskometer, in chapter of Extremes and Integrated Risk Management (London: Risk Books) Mina J., and J.Y Xiao (2001), Return to RiskMetrics: The Evolution of a Standard, Discussion paper, RiskMetrics ... version of Riskometer, is detailed in the McNeil and Frey (2000) and Point process approach is detailed in the Chavez-Demoulin, Davison and McNeil (2003) 2.4 Risk Measures We describe the risk measures ... Fung and Hsieh (2002) and Mitchell and Pulvino (2001) who investigated the performance characteristics of trend-following and risk- arbitrage strategies, respectively More recently, Agarwal and...

Ngày tải lên: 16/04/2013, 20:00

... Greece during the Bronze Age (i) The names of festivals and holy days are capitalized: We have long breaks at Christmas and Easter Capital Letters and Abbreviations 79 During Ramadan, one may not eat ... (m) The brand names of manufacturers and their products are capitalized: Maxine has bought a second-hand Ford Escort Almost everybody owns a Sony Walkman Note: There is a problem with brand names ... about this, and it is best to capitalize such words if you use them However, when brand names are converted into verbs, no capital letter is used: we write She was hoovering the carpet and I need...

Ngày tải lên: 25/10/2013, 18:20

... interpretation of the available information and their unique sense of risk and return Risk in the Decision-Making Process Analyzing risk requires an understanding of the types of uncertainty that ... time and resources Quality Decisions and Risk Management The quality of an organization’s risk management is the degree to which we understand the uncertainties (risks, implications) of future events ... given the resources and information available at the time of the decision Decision Process To fully understand the risks associated with a decision, and therefore to manage risks most effectively,...

Ngày tải lên: 10/12/2013, 17:15

... (and only risky assets) In absence of riskless asset the market portfolio is ecient iif its representative point belongs to the hyperbola EFR In presence of a risk free asset the necessary and ... 22 2.B.iii Arbitrage and Equilibrium 24 2.B.iv References 25 PART II Multiperiod Capital Market ... case of a portfolio and distinguish the case where a riskless asset does not exist from the case where a risk free asset is traded 1.A.i No Risk- free Asset There are N tradable risky assets noted...

Ngày tải lên: 18/12/2013, 09:12

... Expenditures Project appraisal and risk management for the public sector II STAGES IN PROJECT APPRAISAL AND APPROVAL Why should a project evaluation be done in stages? a Idea and project definition b ... taken? III MODULES OF PRE-FEASIBILITY AND FEASIBILITY STUDIES Why break study into Modules? BUILDING BLOCKS a Marketing or demand module b Technical or engineering module c Management and manpower ... Project appraisal and risk management for the public sector A IDEA AND PROJECT DEFINITION KEY QUESTIONS: a Where is the demand? b is this project consistent with company's expertise and strategy?...

Ngày tải lên: 20/12/2013, 18:15

... owners, and other providers of capital, or they will invest elsewhere 1.1.2 Capital structure and capital structure policy 1.1.2.1 Leverage, Capital Structure and Optimal Capital Structure a Capital ... Writer Duong Hong Ngoc CHAPTER I Backgrounds on capital structure and firm performance 1.1 Firm’s capital and capital structure 1.1.1 Cost of capital For each project that a company invests in, ... caputal budgeting, capital structure and working capital questions While capital budgeting decision concern with the planning and managing of a firm’s longterm investment, capital structure decisions...

Ngày tải lên: 26/12/2013, 15:19

... Calculation of capital charges for equity exposures (i) The internal models market-based approach (ii) Capital charge and risk quantification (iii) Risk management process and controls ... Minimum Capital Requirements I Calculation of minimum capital requirements II Credit risk - The Standardised Approach III Credit Risk - The Internal Ratings Based Approach IV Credit Risk -Securitisation ... this Framework, (ii) less the difference between total provisions and expected loss amount as described in Section III.G (see paragraphs 374 to 386), and (iii) plus other Tier and Tier deductions...

Ngày tải lên: 15/01/2014, 16:56

... health risk factors and their role in the current and future disease burden globally and in specific countries and regions His research on risk factors focuses on environmental risks, smoking, and ... Rodgers, and C J L Murray 2004 Comparative Quantification of Health Risks: The Global and Regional Burden of Disease Attributable to Selected Major Risk Factors Geneva: World Health Organization xviii ... Age and Sex Joint Contributions (PAFs) of the Leading Risk Factors to Mortality and Burden of Disease, by Region Individual and Joint Contributions of Risk Factors to 10 Leading Diseases and...

Ngày tải lên: 12/02/2014, 12:20

... and Calibration – The cost of labour and subcontract charges for the calibration, overhaul, upkeep and repair of test and inspection equipment Test Equipment Depreciation – Include all test and ... RELIABILITY AND RISK PREDICTION 1.4 ACHIEVING RELIABILITY AND SAFETY-INTEGRITY 1.5 THE RAMS-CYCLE 1.6 CONTRACTUAL PRESSURES jargon Understanding terms and 2.1 DEFINING ... Reliability, Maintainability and Risk and has now, after just 20 years, reached its 6th edition In such a fast moving subject, the time has come, yet again, to expand and update the material particularly...

Ngày tải lên: 13/02/2014, 17:20

... the report of condition: cash on hand, funds due from the Federal Reserve Bank, exchanges and demand cash items, and other items in cash.) • Deposit Rates and Risk The critical variables for this ... total demand deposits His bank risk variables included four measures of gross earnings, two measures of investments as percentages of total assets, and six measures of losses and loans and securities ... proxy and would affect any estimate of the deposit rate /risk correlation These limitations alone raise doubts about the Cox and Benston result of no correlation between bank rates and bank risk...

Ngày tải lên: 15/02/2014, 05:20

... that period, and the third column is the other capital- deepening component of growth The fourth and fifth columns indicate what percentage of growth is accounted for by TFP growth and capital deepening, ... well as physical capital They tend to come up with a smaller contribution of TFP growth and a correspondingly larger contribution of capital deepening (both physical and human capital deepening) ... Germany Greece Iceland Ireland Italy Japan Netherlands New Zealand Norway Portugal Spain Sweden Switzerland United Kingdom United States Average Growth rate TFP growth Capital deepening TFP share...

Ngày tải lên: 17/02/2014, 10:20