Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)

The Development and Prospect of Operational Risk Measurement in China’s Commercial Banks

Authors
Kailin Feng
Corresponding Author
Kailin Feng
Available Online 4 August 2021.
DOI
10.2991/aebmr.k.210803.011How to use a DOI?
Keywords
Operational risk, Risk measurement, Regulatory reform, Commercial banks
Abstract

With the development of various businesses of commercial banks in China, operational risk has become one of the main risks faced by commercial banks. Meanwhile, the international management methods for operational risk of commercial banks include Basic Indicator Approach, Standardized Approach, Advanced Measurement Approach, and the latest standard measurement Approach of Basel Association. Although many metrics have been produced internationally to control the operational risk of commercial banks, the operational risk management of commercial banks in China is still relatively backward. By comparing the development of China’s operational risk management with the international advanced level, it can be found that China’s operational risk management still has the problems of insufficient awareness of operational risk hazards, backward operational risk management mechanism and insufficient risk loss data, etc. China’s commercial banks should raise the awareness of operational risk as soon as possible, update the metrics for controlling operational risk and establish in this regard China’s commercial banks should raise the awareness of operational risk as soon as possible and update the measurement methods for controlling operational risks and establish their own risk data to improve operational risk management.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
4 August 2021
ISBN
10.2991/aebmr.k.210803.011
ISSN
2352-5428
DOI
10.2991/aebmr.k.210803.011How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Kailin Feng
PY  - 2021
DA  - 2021/08/04
TI  - The Development and Prospect of Operational Risk Measurement in China’s Commercial Banks
BT  - Proceedings of the  1st International Symposium on Innovative Management and Economics (ISIME 2021)
PB  - Atlantis Press
SP  - 69
EP  - 73
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210803.011
DO  - 10.2991/aebmr.k.210803.011
ID  - Feng2021
ER  -