A Research On Operational Risk Measurement Of China's Commercial Banks

The banking industry is a high risk profession, the guard, management and meltdown of the risk is the eternal subject of the banking industry development.The New Basel Capital Accord, issued by Basel Committee on June 26th, 2004, has manifested the newest idea of supervising and the newest achievement of risk management in the international banking industry. What is specially worth paying attention is that it has bought operational risk into line with a managerial framework, which requires the lowest sufficient capital. And it has set the new request about the measure as well as the management of the operational risk to the international banking industry. The new capital accord requests the supervision and management of the sufficient capital to reflect the risk condition in bank management more accurately, and then provides the bank and the financial supervision and management authority with more alternative methods to measure the sufficient capital. From above, it enable the sufficient capital framework of the Basel Committee to have a bigger flexibility to adapt to the change of the financial system and reflect the real risk level in bank management and the capital level needs to be disposed accurately and promptly, finally, promote finance system development steady and healthy.At present, many international high-class and active banks have made a positive definition of operational risk and collected loss data that are necessary for the operational risk measurement. Further more, they are trying to develop their own internal measurement models that are more appropriate for them to calibrate operational risk exactly. However, as far as our country banking industry concerned, the operational risk measurement is just in the starts stage. And the management of the operational risk measurement is so insufficiency regardless of in consciousness or in motion. So, through directly learning advanced experience from the New Basel Capital Accord and finding out advanced risk management idea and technology, our banking industry can promote to change operational risk management idea, strengthen operational risk measurement sense, structure and complete our operational management system, and develop suitable operational risk measurement model to our banking industry, which is helping to save times and resources and realize the leaping development of operational risk management.The first part is a preface. Firstly, proposed the writing background of this article. Secondly, elaborated the present situation of the domestic and foreign research about...