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Operational Risk (Vanini)
Company: University of Zurich
Year Of Publication: 2004
Month Of Publication: October
Pages: 4
Download Count: 1396
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Comment Num: 0
Language: EN
Who Can Read: Free
Date: 10-30-2004
Publisher: Administrator
We discuss in this short paper some basic differences between a business drivenapproach to operational risk and the regulatory one. We indicate why the BaselII view is to narrow from a business point of view and how the the regulatorysetup can be extended. This extended model makes explicit how an AdvancedMeasurement Approach can be designed which satisfies both the regulatory andbusiness requirements.
Vanini, Paolo Sign in to follow this author
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