Quantification of Operational Risk under Basel II: The Good, Bad and Ugly (Finance and Capital Markets Series)
Description
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.
Keywords
BANKS AND BANKING, INTERNATIONALFINANCIAL RISK MANAGEMENT
2008Book
Author(s)Imad A. Moosa
PublisherPalgrave Macmillan
ISBN9780230222663
LanguageEnglish
