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Quantification of Operational Risk under Basel II

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Brand
Springer Nature
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N/A
Part Number
0
GTIN
9780230595149
Condition
New
Product 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.

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