Financial Crisis and Model Risk

Ph. Candidate Ikbale Tota

Universiteti “Aleksandër Moisiu”, Durrës

Abstract
This paper looks at some new risk management practices in particular examines the fact that risk management practices themselves create new risks. These risks that arise as a result of previous attempts to control risks that are aim of financial risk management itself was firm itself are referred to here as “the dangers of financial risk management.” And what is meant by financial risk management is the transformation process of identified risks manageable for the financial institution.