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ID:342702
大小:53.50 KB
页数:11页
时间:2017-07-25
《在金融机构的有效风险管理【外文翻译】》由会员上传分享,免费在线阅读,更多相关内容在应用文档-天天文库。
1、原文:EffectiveriskmanagementinfinancialinstitutionsAbstract:Riskmanagementismoreimportantinthefinancialsectorthaninotherpartsoftheeconomy.Butitisdifficult.Thebasisofbankingandsimilarfinancialinstitutionsistakingriskinconditionsofuncertainty.DescribeshowtheTurnbullrepor
2、t,forwhichtheauthorwasprojectdirector,createdanewunderlyingapproachtorisk.ProvidesaguidetothewayinwhichthevariousTurnbullideashavebecomethebedrockofriskmanagementandsuggestshowtheycanbedeveloped.Therecanbefew,ifany,partsoftheeconomyinwhichriskmanagementismoreimportan
3、tthanthefinancialsector.Financialinstitutionsaccountforasizeablenumberoftheworld’sleadingcompaniesandhaveacriticalroletoplayintheeconomicsofeverycountryandthusinworldeconomicorderasawhole.Theirwholebusinessiscentredontakingrisksinconditionsofuncertainty.TheTurnbullRe
4、portonriskmanagementandinternalcontrol,whichisapplicabletoalllistedcompaniesintheUKandwhichhasbeenwidelydisseminatedinternationally,fullyrecognisesthisfundamentalpoint.Itsfocusisoneffectiveriskmanagementandnottheeliminationofrisk.Inamoderncompetitivemarketeconomy,bus
5、inessorganisationsthatareriskaverseareunlikelytoearnsatisfactoryreturns.Ontheotherhand,highlyvolatilereturnsareunlikelytofindfavourwithcapitalmarketsanxiousnottobesurprised,particularlybybadnews.Moreover,Turnbullisasmuchaboutdoingtherightthingsandnotmissingstrategico
6、pportunities,asitisaboutdoingthingsright,essentialifacompanyistoachieveitsfullpotential.ApplyingTurnbull’sapproachmayleadtosomefinancialinstitutionsrealisingthattheyarenottakingenoughrisk;perhapsanewmarketcanbeidentifiedandwhiletheremaybeclearrisksinbeingthefirsttoen
7、tertheremayequallybesignificantfirst-moveradvantagestobegained.Aframework,notarulebookTheTurnbullReportalsorecognisesthedynamicnatureofmarketsinwhichanorganisationoperatesandseekstoencouragecompaniestocreateriskmanagementsystemsthatcancontinuallyadapttochangingcircum
8、stances.Toavoidparticularcontrolsbeingseenasanendinthemselvesevenoncetheirusefulnesshasceased,theguidanceplacesinternalcontrolsfirm
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