This paper belongs to of the Gothenburg Meeting Science Symposium
Gunnar Wahlström, University of Gothenburg (Gothenburg Research Institute)
AbstractÂ
Recent financial crises has emphasized Enterprise Risk Management (ERM) in banks. ERM is manifested by risk measurement, in mandatory regulation for banks, as in the near future Basel III, to be fully implemented in 2019. Risk measurement is in line with the idea of centralization as data and models are developed at headquarter making use of risk measurement to contradict the idea of decentralization. This article concentrates on the actual use of the regulation inside a decentralized bank by answer the question: What problems might a bank experience in their usage of Basel III? (…) Read more