Research On Operational Risk Management Of Financial Market Business Of China A Commercial Bank

With the global economy accelerated integration,financial innovation increasingly active and ever-changing information technology,financial market business of china's commercial banks have developed rapidly.With less investment and high efficiency,financial market business has become an important business innovation and profit growth of commercial banks.At the same time,commercial banks' risk management in the financial markets business is in the exploratory stage,especially not yet formed an effective operational risk management methods and management system.In recent years,risk events caused by financial market business operational problems occur frequently in domestic and foreign commercial banks,causing huge economic losses and adverse social impacts,not only brings new challenges to the commercial banks' consistent pursuit of steady operation,but also sound alarm to the national banks and regulatory authorities.Operational risk management problems in the financial markets business has been unprecedented attention.Throughout these "bloody" vicious operational risk cases,easy to see the management of employees is the main factor leading to the outbreak of the commercial banks operational risk events,the financial markets operational risk related to the vast majority of illegal operations of internal staff,and so frequent illegal operations of staff clearly shows the vulnerability on business regulation to the financial market business practitioners of commercial banks.Based on in-depth study of the principal-agent theory,from the principal-agent relationship and moral hazard problems caused by commercial banking and financial markets business as a starting point,In-depth analysis the reasons of promoting financial market fraud or malpractice motivation,and analysis the operational risk cases of domestic and foreign banks on financial markets in recent years,reveals the risk management problems of commercial banks in the financial market business practitioners.Finally,get solutions and effective countermeasures through studying the approaches of China A commercial bank in the financial markets operational risk management.