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Keywords: Daily capital charges
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Journal Articles
Managerial Finance (2011) 37 (11): 1088–1106.
Published: 27 September 2011
... was designed to monitor and encourage sensible risk taking using appropriate models of risk to calculate value‐at‐risk (VaR) and subsequent daily capital charges (DCC). When the Basel I Accord was concluded in 1988, no capital requirements were defined for market risk. However, regulators soon recognized...

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