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.
| ISBN-13: | 9780230222663 |
| ISBN-10: | 0230222668 |
| Publisher: | Palgrave Macmillan |
| Publication date: | 2008-10-31 |
| Edition description: | 2008 |
| Pages: | 287 |
| Product dimensions: | Height: 10 Inches, Length: 6 Inches, Weight: 1.25443027078 Pounds, Width: 1 Inches |
| Author: | I. Moosa |
| Language: | en |
| Binding: | Hardcover |
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