Credit Valuation Adjustment (CVA):Theory, Mathematics and Risk Management Fred Hoffman
Counterparty Credit Risk and Credit Value Adjustment:A Continuing Challenge for Global Financial Markets Jon Gregory
The Ways and Means of Payment:A Full Analysis of the Credit System, With Its Various Modes of Adjustment (Classic Reprint) Stephen Colwell
This book provides a concise and practical guidance on the implementation analysis of the new revised standards of the Basel Committee on Banking Supervision (BCBS) on the supervision of the international banking system. Based on publicly available data on default rates and realised loss-given-default rates, it provides an analysis of credit and market risk, assessing the extent to which the new framework on risk-based and leverage ratio requirements affects the modelling of banking risks. Moreover, it provides a detailed analysis of the Fundamental Review of the Trading Book (FRTB), which changes the philosophy for the risk valuation and capital requirements of the market risk, and of the latest developments on the credit valuation adjustments (CVA) framework. It also examines the impact of the final calibration of operational risk parameters on the level of capital requirements. It provides an overview of the modelling properties that govern the application of the internal models for credit and market risk, and provides evidence on the overall impact on banks´ cost of funding due to the implementation of Basel reforms as shaped in December 2017. Finally, the book provides practical examples and hands-on applications for assessing the new BCBS framework.
Imagine a world without cash. A world under surveillance. A world where morality points earn you your status. Enter Private Eye Joe Dylan´s Fun City. It´s corrupt to the bone and under the ever watchful surveillance system known as the Eye. Money has been abandoned in favor of the credit system. All citizens are required to carry hand held devises containing their credit score and personal information. Dylan is recovering from the government attitude adjustment program known as the Punch since his credits reached zero. His adopted son Jimmy is missing presumed dead and his basement office is infested with contrarian rats. When Dylan is assigned the task of keeping socialite artist Trixie Sloane on the straight and narrow, his pursuit of her leads him down into a sub-culture beneath the city where a vigilante Resistance force plan to strike out against the city before the last drop of human will and dignity is drained away down into the tunnels and the sewers under the metropolis. Enter the Fun City Punch. 1. Language: English. Narrator: Jon Wilkins. Audio sample: http://samples.audible.de/bk/acx0/082494/bk_acx0_082494_sample.mp3. Digital audiobook in aax.