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Integrated risk management (IRM) is becoming an increasingly popular term to showcase the importance of risk at the forefront of corporate governance, as well as inferring that, traditionally, these ...
Over the past year the Basel Committee on Banking Supervision has refined its approach to setting minimum capital requirements for operational risk (see “Regulatory Treatment of Operational Risk” in ...
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 ...