The appropriate use of risk models: Part I: "Jon Danielsson, Robert Macrae, 16 June 2011
Risk models are at the heart of the financial sector’s self-monitoring as well as supervision by regulators. This column, the first of two, addresses the question of how risk models are misused in practice by practitioners and supervisors alike. This misuse causes risk management to fail when it is most needed.
Full Article: The appropriate use of risk models: Part I"
Risk models are at the heart of the financial sector’s self-monitoring as well as supervision by regulators. This column, the first of two, addresses the question of how risk models are misused in practice by practitioners and supervisors alike. This misuse causes risk management to fail when it is most needed.
Full Article: The appropriate use of risk models: Part I"
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