在金融机构的有效风险管理【外文翻译】

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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