Implementing operational risk under Basel II
Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Basel II constitutes a set of voluntary rules whose purpose is to assure a sound financial system where all financial actors compete on the same conditions. Even though Basel II has no legislated power in itself most countries have decided to adopt the framework. In many countries the rules apply only to large internationally active banks, which was the original intention. However, in the EU the rules will be legislated as an EU-directive and pertain to investment firms and credit institutes in addition to banks. Thus Basel II affects a greater variety of institutes in the EU than elsewhere.
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IdentifiersURN: urn:nbn:se:su:diva-5892OAI: oai:DiVA.org:su-5892DiVA: diva2:195794