GONDOR, Mihaela - In: STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA 1/2008 (2008) December, pp. 87-104
The world financial market is an extremely complex system that involves many different participants from local banks to … requirements framework to make it more comprehensive and risk-sensitive, taking account of many modern financial institutions …' thorough risk management practices. Basel II is an international business standard that requires financial institutions to …