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ID:51074720
大小:89.50 KB
页数:13页
时间:2020-03-09
《外文翻译--在金融机构的有效风险管理.doc》由会员上传分享,免费在线阅读,更多相关内容在工程资料-天天文库。
1、外文翻译一在金融机构的有效风险管7外文原文EffectiveriskmanagementinfinancislinstitutionsAbstractRiskmanagementismoreimportantiiithefinancialsectorthaninotherpartsoftheeconomyButitisdifficultThebasisofbankingandsimilarfinancialinstitutionsistakingriskinconditionsofuncertaintyDescribeshowtheTu
2、rnbullreportforwhichtheauthorwasprojectdirectorcreatedanewunderlyingapproachtoriskProvidesaguidetothewayinwhichthevariousTurnbullideashavebecomethebedrockofriskmanagementandsuggestshowtheycanbedevelopedTherecanbefewifanypartsoftheeconomyinwhichriskmanagementismoreimporta
3、ntthanthefinancialsectorFinancialinstitutionsaccountforasizeablenumberoftheworldsleadingcompaniesandhaveacriticalroletoplayintheeconomicsofeverycountryandthusinworldeconomicorderasawholeTheirwholebusinessiscentredontakingrisksinconditionsofuncertaiiityTheTurnbullReporton
4、riskmanagementandinternalcontrolwhichisapplicabletoalllistedcompaniesintheUKandwhichhasbeenwidelydisseminatedinternationallyfullyrecognisesthisfundamentalpointTtsfocusisoneffectiveriskmanagementandnottheeliminationofriskInamoderncompetitivemarketeconomybusinessorganisati
5、onsthatareriskaverseareunlikelytoearnsatisfactory-returnsOntheotherhandhighlyvolatilereturnsareunlikelytofindfavourwithcapitalmarketsanxiousnottobesurprisedparticularlybybadnewsMoreoverTurnbullisasmuchaboutdoingtherightthingsandnotmissingstrategicopportunitiesasitisabout
6、doingthingsrightessentialifacompanyistoachieveitsful1potentialApplyingTurnbul1sapproachmayleadtosomefinancialinstitutionsrealisingthattheyarenottakingenoughriskperhapsanewmarketcanbeidentifiedandwhiletheremaybeclearrisksinbeingthefirsttoentertheremayequallybesignificantf
7、irst-moveradvantagestobegainedAframeworknotarulebookTheTurnbullReportalsorecognisesthedynamicnatureofmarketsinwhichanorganisationoperatesandseekstoencouragecompaniestocreateriskmanagementsystemsthatcancontinuallyadapttochangingcircumstancesToavoidparticularcontrolsbeings
8、eenasanendinthemselvesevenoncetheirusefulnesshasceasedtheguidanceplacesinternalcontrolsfirmlyintheirbro
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