Carl Olsson

My working career encompassed 28 years in front line and group risk management roles with Standard Chartered Bank and 8 years with Royal Bank of Scotland in group risk management. In the latter years I was intimately involved in assessing the impact of Basel requirements and helped develop the group-wide policies required to aid their implementation. Since retiring I have provided consultancy services to a number of banks, have developed various e-learning material and delivered face to face training sessions for training providers including content on Basel requirements and Basel III. The purpose of my latest book, "Basel III : The Three Pillars, Capital Adequacy, Liquidity and Leverage Ratios Explained", is to provide an overview of Basel requirements in a readily understandable and logical format. In doing so coverage not only provides a description of the key elements of Basel requirements but an explanation of how they have evolved, and why, and the challenges that bank management have faced in implementing them. It also sets out the issues and challenges that management, from board level down, face on an ongoing basis as they seek to run a profitable banking operation whilst endeavouring to meet regulatory and other stakeholders’ expectations. What readers will get from this book is: · a comprehensive, but non-technical, overview of Basel requirements; · an explanation of how, and why, current requirements have evolved; · a detailed understanding of the process required to take proposals from concept stage through to final approval; · an appreciation of the complexity, and cost, of implementation at both national and bank levels; · an explanation of why Basel requirements are not being implemented in all jurisdictions; · how implementation has impacted bank business strategies, risk management practices and governance; · an insight into supervisory expectations on implementing Basel requirements and how they go about assessing this; · the challenge facing banks, and supervisors, from non-bank entities that are not subject to Basel requirements. The audience for this book includes anyone in the financial services industry who wants/needs to know more about Basel requirements and how they are impacting bank operations but do not want to go into the finer details of how, for example, capital requirements are calculated. This includes people new to banking, at all levels, up to and including executive management and non-executive director level, as well as those with some banking experience, whether in customer facing or risk management roles, but who have previously had little exposure to the regulatory framework. The book also provides a useful aide-memoire for regulators and supervisors, in both BCBS and non-BCBS jurisdictions, and newly joining staff who want to get up to speed on Basel requirements. It would also suit students studying risk or risk management courses at university level or preparing for exams at professional bodies.