Economics, Econometrics and Finance
4 years ago

Basel Committee's Risk Management Progress: More Work Needed for Financial Stability.

1 view
SSRN Electronic Journal
Risk Management by the Basel Committee: Evaluating Progress Made from the 1988 Basel Accord to Recent Developments
Marianne Ojo

Paper Summary

The article discusses how the Basel Committee has improved risk management in the banking sector since 1988. The researchers found that while progress has been made with Basel II, more work is needed to manage risks from hedge funds and non-bank financial institutions.

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