The choice to adopt risk-sensitive measurement approaches for operational risks: the case of Advanced Measurement … Approach under Basel II New Capital Accord This paper investigates the choice of the operational risk approach under Basel II … requirements and whether the adoption of advanced risk measurement approaches allows banks to save capital. Among the three …

The outset for this thesis is the contemporary risk management concept of Enterprise Risk Management (ERM). ERM has for … life. The idea of managing or controlling risk is however not new. The development of statistics and the calculation of … perspective of classical risk management, transformed uncertainty into predictable risk. Such linkages are utilized in many places …