Quantification of Operational Risk under Basel II
ISBN:
978-0-230-22266-3
Auflage:
2008
Verlag:
Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
31.10.2008
Reihe:
Finance and Capital Markets Series
Format:
Hardcover
Seitenanzahl:
268
Lieferung in 3-4 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
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.
Schlagwörter
Biografische Anmerkung
IMAD MOOSA is currently Professor of Finance at Monash University, Australia. Prior to becoming an academic he was a professional economist and a financial journalist and he also worked as an economist at the IMF. Professor Moosa has published 9 books and over 150 papers in international journals. He has served in a number of advisory positions, including his role as an economic advisor to the U.S. Treasury.
