The Modeling & Operationalization of Basel II Accord for ...
Kaya, Can Tansel
Ever changing global markets with complex structures forced many actors to modify their systems. These actors who make up the financial system range from financial markets to banks all the way down to simple investors. Especially for banking, significant events of the early 1970s like the discontinuation of fixed exchange rate and the petroleum crises of 1974, had significant effects to trigger authorities even more to establish a sound global...