Operational risk capital regulation is moving from internal to standardized models – from the advanced measurement approach to the standardized measurement approach. These proposed changes will lead ...
This research models operational risk data via the loss distribution approach under Basel II using open-source data consisting of 3192 operational loss events between 2009 and 2018. The approach is ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...