Title: A 'Standards Based' approach to Operational Risk Management under Basel II
Abstract: In June 2004, the Basel Committee finally released the ‘Revised Framework for the International Convergence of Capital Measurement and Capital Standards’ in effect, the definitive Basel II proposals on Operational Risk. During the three years prior to final publication, consultation with the industry had resulted in a pronounced switch in emphasis, away from a mainly quantitative, towards a more qualitative, approach to the management of Operational Risk.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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Cited By Count: 3
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