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submitted its report in 2013 and four of its members recorded dissenting notes. This paper examines the changes in regulation in …
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various other European integration efforts following the second world war. Financial regulatory and supervisory integration … 2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and …
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Credit risk models used in quantitative risk management treat credit risk analysis conceptually like a single person decision problem. From this perspective an exogenous source of risk drives the fundamental parameters of credit risk: probability of default, exposure at default and the recovery...
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