A dangerous idea

risk-0507-29-gif

The Basel Committee's 1995 decision to allow use of internal models for calculating regulatory capital marked a significant departure from the traditional 'we know best' attitude on the part of regulators accompanied by detailed prescriptive rules. Consultation with industry risk practitioners convinced supervisors that the world was becoming too complicated and changing too fast for the old paradigm to assure safety and soundness of the banking system.

A significant aspect of the new

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: