Goodbye to Value-at-risk ?

Value-at-risk (VaR) har over the past decades developed into beeing the most widely used risk measure within financial risk management.

In may 2012 the Basel-comity proposed a complete revision of the rules. However the proposal does not contain the long anticipated simplification of the rule set - as had been suggested by both theoretical and practical financial practicioners.

Read Soren Plesners in-depth article as published in Finans/Invest (2013 1st. issue).

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SPFK Financial Knowhow is an independent financial training and consulting firm founded by Soren Plesner. SPFK Financial Knowhow offers courses and consulting within a wide range of financial topics including courses offered in the Czech Financial Academy.