Question: 3. (a) What is the difference between economic capital and regulatory capital? (b) In what respects are the models used to calculate economic capital for

 3. (a) What is the difference between economic capital and regulatory

3. (a) What is the difference between economic capital and regulatory capital? (b) In what respects are the models used to calculate economic capital for market risk, credit risk, and operational risk likely to be different from those used to calculate regulatory capital

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