November 14-16, 2001

Presentations from the Capital Allocation for Operational Risk ("OpRisk") Conference can be downloaded as portable document format (PDF) files. Adobe's free Acrobat Reader software is required to view PDFs. 

Presentations are listed chronologically.

• Welcome Remarks
  Cathy E. Minehan, Federal Reserve Bank of Boston
• Basel Committee Proposals for Operational Risk 
  Roger Cole, Federal Reserve Board
• Operational Risk Management: A Practical Approach and its Regulatory Implications
  Tony Peccia, Canadian Imperial Bank of Commerce
• Capital Allocation for Operational Risk: Understanding the Challenge
  Joseph A. Sabatini, J.P. Morgan Chase & Co.
• Internal Measurement Approach- Foundation Model
  Kenji Nishiguchi and Hiroshi Kawai, Sumitomo Mitsui Banking Corporation
  Internal Measurement Approach
  (additional handout)
• Capital Allocation for Operational Risk: Implementation Challenges for Bank Supervisors
  Eric S. Rosengren, Federal Reserve Bank of Boston
• Capital Allocation for Operational Risk - Securities Firms
  Craig Broderick, Goldman Sachs & Co.
• Merrill Lynch & Co. Process Risk Management Process Risk Management Program
  Clinton Lively, Merrill Lynch & Co.
• Capital Allocation for Operational Risks
  Tobias Guldimann, Credit Suisse Group
• Insurance of Operational Risk and the New Basel Capital Accord
  Wendy Dowd and Jeffrey S. Grange, Chubb & Son
  Insurance of Operational Risk under the New Basel Accord
  (working paper supplement)
• Insurance of Operational Risk under the New Basel Capital Accord
  Takayuki Sumi, Tokio Marine and Fire Insurance
• Operational Risk and the New Basel Capital Accord
  Bob MacKay and Tom Vietor, Marsh & McLennan Companies
• Bank Capital and Risk Management: Operational Risks in Context
  Kenneth A. Froot, Harvard University
• Operational Risk: EVT Models
  Jack L. King, Genoa (UK) Limited
• Operational Risk Quantification and Insurance
  Bahram Mirzai, Swiss Re
• Loss Distribution Approach
  Gerhard Courage, Allianz
• Legal Risk: The Operational Risk Problem in Microcosm
  Hal Scott, Harvard Law School
• Using Capital Market Securities as Operational Risk Mitigants
  David Wildermuth, Goldman Sachs & Co.