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Quantification of Operational Risk under Basel II

- The Good, Bad and Ugly

Om Quantification of Operational Risk under Basel II

The book presents arguments that are critical of the Basel II Accord, particularly the advanced measurement approach to operational risk. It is argued that the advanced measurement approach is not viable in terms of costs and benefits and is likely to distract financial institutions from the real task of managing operational risk.

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  • Språk:
  • Engelsk
  • ISBN:
  • 9780230222663
  • Bindende:
  • Hardback
  • Sider:
  • 268
  • Utgitt:
  • 31 oktober 2008
  • Dimensjoner:
  • 167x236x22 mm.
  • Vekt:
  • 574 g.
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Leveringstid: 2-4 uker
Forventet levering: 23 juli 2024

Beskrivelse av Quantification of Operational Risk under Basel II

The book presents arguments that are critical of the Basel II Accord, particularly the advanced measurement approach to operational risk. It is argued that the advanced measurement approach is not viable in terms of costs and benefits and is likely to distract financial institutions from the real task of managing operational risk.

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