Quantification of Operational Risk Under Basel II: The Good, Bad and Ugly

By Imad A. Moosa

Book Overview

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.

• Format: Hardcover
• Language: English
• ISBN: 0230222668
• ISBN13: 9780230222663
• Release Date: October 2008
• Publisher: Palgrave MacMillan
• Length: 268 Pages
• Weight: 1.15 lbs.
• Dimensions: 1.0" x 6.4" x 9.2"