Quantification of Operational Risk Under Basel II Paperback (The Good, Bad and Ugly)

Auteur
Moosa, Imad A.
Éditeur
Palgrave Macmillan
Publication
20081215
ISBN
9780230222663
Zone d'enregistrement ISBN
Aire anglophone (ISBN 978-0)

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.