Building upon the first edition, this fully revised multi-contributor title brings you right up-to-date on all the latest issues and developments in the area of operational risk management and the regulatory environment. It discusses key topics including acquisition and merger risk, reputation risk, e-commerce risk, compliance issues as well as the lessons that can be learnt from non-financial firms. Reflecting the major developments that have occurred within operational risk practices, this completely updated edition will help to ensure that your systems comply with the very latest regulatory changes. It presents you with recent regulatory developments and progress including changes to Basel II and responses to it; the Basel Committee"s "Quantitative Impact Study III" as well as new chapters on Moody"s regulatory requirements. It offers both qualitative and quantitative approaches from all quarters including respected industry participants, regulators, industry bodies and academics active in the area of operational risk.