Chinese commercial bank operational risk management

Author: Gu Jingpu
Publisher:
Publish Date: 2006-09-01
Features: Operational risk, along with credit risk and market risk, constitutes the three major risks for commercial banks. However, in China, the theoretical research, practical application, and institutional regulations of operational risk management lag far behind those of credit risk and market risk management. Based on the Basel Committee's operational risk classification standards, this book conducts empirical analysis on the characteristics and formation mechanisms of operational risk in China's banking industry. It also provides a comprehensive set of operational risk management approaches, including cultural concepts, organizational structures, policies and procedures, quantitative management, and self-assessment management. The book holds significant theoretical value and strong practical applicability.