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Welcome to www.journalofoperationalrisk.com
Welcome to The Journal of Operational Risk website. The Journal is an international refereed journal focusing on the modeling, measurement and management of operational risk and the promotion of greater understanding in the area of operational risk theory and practice.

Through the website, www.thejournalofoperationalrisk.com, you can access the full Journal of Operational Risk archive and enjoy the option to view individual papers on our secure Pay-Per-View system. You can also use the site to submit papers for review, subscribe, renew your subscription or order back issues, plus much more.

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Letter from the Editor-in-Chief
Welcome to the second issue of the fifth volume of The Journal of Operational Risk. Summer is finally knocking on our doors and before we all go on our welldeserved vacations, I would like to announce another new addition to our editorial board. We welcome Evan Sekeris from the Federal Reserve Bank of Richmond. Evan has been working in the operational risk industry for many years, validating measurement frameworks, risk governance and policies. I trust that most readers would have met him or at least heard from him in one of the seminars in which he participates every year. We have a challenging road ahead in the next few years and his guidance and experience will be extremely important to us.
Latest Issue
Volume 5 / Number 2
Calculation of aggregate loss distributions
by Pavel V. Shevchenko
FORUM
The credit crisis and operational risk – implications for practitioners and regulators
by Andreas A. Jobst
A practical application of extreme value theory to operational risk in banks
by Hela Dahen, Georges Dionne and Daniel Zajdenweber
The measurement of capital for operational risk in Taiwanese commercial banks
by Wo-Chiang Lee and Chiang-Jye Fang
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The forum will promote active discussions of current findings and ideas that are timely, expository and educational in operational risk
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