kaal:claim:2998097-005

Post LTCM proposals for clearer credit risk strategies and credit risk management policies at financial intermediaries were inappropriately applied across the whole range of business models and lacked concrete implementation elements.

Source quote, verbatim
He found that proposals involving clearer credit risk strategies and credit risk management policies and processes for financial intermediaries were inappropriately applied across the range of business models and lacked concrete implementation elements.
From

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017), III.1 Critique of Regulatory Proposals, p. 12
https://ssrn.com/abstract=2998097 · source PDF

Cite as

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

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Classification

failuresupport: arguedfailure: One size fits all credit risk policy prescriptionsfamily: harmonization-and-standardization-failurerisk-and-incentives

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