Operational Risks in Financial Sectors
A new risk was born in the mid-1990s known as operational risk. Though its application varied by institutions—Basel II for banks and Solvency II for insurance companies—the idea stays the same. Firms are interested in operational risk because exposure can be fatal. Hence, it has become one of the ma...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Asia University
2012-01-01
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| Series: | Advances in Decision Sciences |
| Online Access: | http://dx.doi.org/10.1155/2012/385387 |