Basel III: A globalregulatory framework formore resilient banks andbanking systems
BASEL III: Strengthening the Backbone of the Global Financial System The world of finance is an ever-evolving landscape, shaped by the forces of economic activity, regulatory measures, and technological advancements. In the aftermath of the 2008 financial crisis, it became…
Forecasting Value-at-Risk under Fat-Tail Distribution Assumptions
Financial Econometrics studies have demonstrated that forecasting Value At Risk under standard normal distribution conditions could lead to underestimation of potential losses, hence of fat tail volatility risk events, other methods to improve Value At Risk forecasting have been studied…
