Basel II Operational Risk
Basel II Operational RiskAvoiding the seven pitfalls in Basel II Operational Risk ImplemetationBasel II calls for institutions to employ more advanced approaches to operational risk identification, measurement and reporting. But precisely what the accord will require remains a work in progress. Institutions are being directed to meet compliance deadlines as regulations are still being written, leaving them uncertain whether the approaches they take, and the expenditures they make, will ultimately pass muster.
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posted by Victor Lloyd Smith @ 5:29 PM
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