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Cover image for book Quantification of Operational Risk under Basel II

Quantification of Operational Risk under Basel II

The Good, Bad and Ugly
By:I. Moosa
Publisher:Springer Nature
Print ISBN:9780230222663
eText ISBN:9780230595149
Edition:0
Copyright:2008
Format:Page Fidelity

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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.