Book extract > Integration of Qualitative and Quantitative Operational Risk Data: A Bayesian Approach
The aim of this chapter is to provide a Bayesian model thatallows us to manage operational risk and measure internally thecapital requirement, compliant with the Advanced MeasurementApproaches (AMA) recommended by Basel Committee on BankingSupervision (Basel II) for internationally active banks (see, eg, BaselCommittee on Banking Supervision, 2003).
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