Contents
Introduction
1. Capital Regulation for Position Risk in Banks, Securities Firms, and Insurance
Companies , Richard Herring and Til Schuermann
2. Capital Adequacy in Insurance and Reinsurance , Schott E. Harrington
3. Consolidated Capital Regulation for Financial Conglomerates , Howell E. Jackson
4. Using a Mandatory Subordinated Debt Issuance Requirement to Set Regulatory Capital
Requirements for Bank Credit Risks , Paul Kupiec
5. No Pain, No Gain? Effecting Market Discipline via "Reverse Convertible
Debentures" , Mark J. Flannerty
6. The Use of Internal Models: Comparison of the New Basel Credit Proposals with Available
Internal Models for Credit Risk , Michel Crouhy, Dan Galai, and Robert Mark
7. Sizing Operational Risk and the Effect of Insurance: Implications for the Basel II
Capital Accord , Andrew P. Kuritzkes and Hal S. Scott
8. Enforcement of Risk-Based Capital Rules , Philip A. Wellons
Index
Authors, editors, and contributors
Edited by Hal S. Scott, Professor and Director of the Program on International
Financial Systems, Harvard Law School
354 pages, 45 line illus., 6-1/8 x 9-1/4 mm Hardback
