Research On The Operational Risk Management Of Commercial Bank In China Under The Basel Capital Accord Ⅱ

Since the 1990's, the operational risk cases in the domestic and foreign Banks occurred frequently, which is not only given a huge loss to the commercial banks, but also seriously affected the normal operation of the banking industry and development. The outbreak of 2008 global financial crisis occurred by the U.S. subprime mortgage, and the bank failure of the Lehman Brothers bank as one of the four biggest American investment banks given more international banking a wake-up call. In recent years, the international financial supervisory organizations which are representative by the Basel Committee on Banking Supervision have focused on the operational risk management in financial institutions. On 26 June 2004, the Basel Committee issued "the new Basel Capital Accord "(also called" the Basel Capital AccordⅡ"), which is explicitly described the define of operational risk the first time, put the operational risk into the bank risk management framework, and putted forward the specific requirements for the commercial Banks to prevent of operation risk. This agreement was implemented finally at the end of 2006. After more than ten years of practice and study, the international banking in the operating risk management field has made the good results, and some international advanced financial institutions have established a completely effective operation risk management system. However, as the outbreak of 2008 global financial crisis, the defects of "the Basel Capital AccordⅡ" in risk management aspects exposed one by one. Therefore, the Basel Committee was agree with the international community for "the Basel Capital AccordⅢ"eventually after a lot of research in order to make the Basel agreement can be able to maintain and promote global financial overall and healthy development betterSince " the Basel Capital AccordⅡ" issued, the banking in China also accelerates the pace of operation risk management and has issued a series of operating risk management relevant documents to prevention and management of the operational risk. They have worked very well, but there are also a big gap compared with the commercial banks of developed countries. Commercial Bank of China research for operational risk is still in the initial stage,management is still at a low level, it have not form a more perfect system of operational risk management framework, and many loopholes on risk management. Although the CBRC puts forward to follow the risk management requirements of the two agreements after "the Basel Capital AccordⅢ" issued. But considering the actual situation of China's banking industry development, the commercial Banks should still follow "the Basel agreementⅡ" mainly. So this paper concentrates on the relevant provisions about the operation risk of the Basel capital accordⅡas the theory basis, and analysis loss data and specific case about the international and domestic commercial Banks operating risk to illustrate the operational risk performance of advanced international commercial banks and the present situation of our country commercial bank operational risk management. On this basis, according to the special questionsⅠwill give some corresponding countermeasures. Full-text is divided into four parts:The first part is the introduction to this paper, this part mainly introduces the research background, research significance, domestic and international research on operational risk management, research thinking, framework arrangement and method. The second part is the theory analysis about commercial Banks operating risk management from three aspects. First of all, it mainly introduced an overview of operational risk, including the definition, classification and characteristics, and next, give the provisions of the operation risk management on" the Basel agreementⅡ" from the four aspects of the minimum capital requirements, measuring method, inspection and supervision and market discipline, and finally to briefly introduced the promoting function of the Basel capital accordⅢat operational risk management in commercial bank. The third part is the key part. This part analyzes operational risk loss data of the 119 international advanced commercial Banks announced by the Basel Committee lately and introduces the operating risk present situation and operation risk management experience about two representative international active bank, and finally sums the main performance and the existing problems combined with the actual situation. The fourth part is the core of this article. For the third part about cause of loss of operational risk, this part gives the corresponding strategies and recommendations. Hope to prove some help for further improvement and strengthening operation risk management in our country commercial bank.