Basel 1988 was an effort to make sophisticated risk management requirements for banks that relied on more modern, as of 1988, financial theory.
988年的巴塞尔协议就是致力于,在当时最新的金融理论基础之上,建立成熟完善的银行风险管理制度
I still want to start with some theory and I thought that--well I will--I plan to start by talking about the most basic concepts of risk management, which underlie finance.
课程开始的时候会涉及一些理论,我认为这些理论,是风险管理最基本的概念,也是金融学中最基础的概念
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