Operational Risk Management Of Xi'an City Commercial Bank In FX Business

Operational risk management is just turning into the important research interest in risk management of world banking system. On Sep.9, Basel committee advanced the formal defination of Operational risk that "The Risk of Loss resulting from inadequate or failed internal processes, people and systems or from external events. " accord adds operational risk into risk management framework and sets new capital charge for it. Some leading banks in the world have been very successful In operational risk management, accumulating rich experience.At present, commercial banks in China have little awareness of risks, especially in terms of operational risk.In fact, there no scientific methods that can quantify such risks and accurately reflect the risk incurred. Management in this regard needs to be improved immediately.As a regional joint-stock bank, Xi' an city commercial bank belongs to the third arrangement after the first arrangement, state-owned commercial bank and the second,joint-stock bank, because of its small asset scale. Recent years, many city commercial banks get the licence of FX business,but now, some prevalent questions have been found.It is because they are short of experiences in operating and management. In this...