Banking Risks: Oversight and Audit
Keywords:
risks, risk appetite, risk profile, risk-appetite indicators, business goals of the bankAbstract
The article is a set of indicators that allow you to constantly monitor the risks of the bank and warn about the level of risk, types of risks that exceed the established significance level, which can seriously damage the bank's reputation or lead to losses for the bank in a particular scenario that makes it impossible to implement the banking strategy in a timely manner and significant risks that the bank has agreed to or plans to waive in order to achieve its business objectives. There are also scientific proposals and conclusions on the process of developing riskappetite and risk profile indicators, a set of mechanisms and systems.
References
Decree of the President of the Republic of Uzbekistan "On the strategy for the reform of the banking system of the Republic of Uzbekistan for 2020-2025" № PF-5992 dated January 12, 2020.
Regulation No. 3254 of the Central Bank of the Republic of Uzbekistan "On corporate governance in commercial banks". June 30, 2020.
Пашковская И.В., Хоткин А.В. Значимость риск-аппетита в разработке стратегии управления коммерческим банком // Экономика: вчера, сегодня, завтра. 2020. Том 10. № 3А. С. 57-64. DOI: 10.34670/AR.2020.94.4.007
Rittenberg, L., Martens, F. (2012). Enterprise Risk Management – Understanding and Communicating Risk Appetite. Retrieved from: http://www.coso.org/documents/ERM Understanding%20%20Communicating%20Risk%20AppetiteWEB_FINAL_r9.pdf
Берч Карл. Риск Аппетит: «Не откусывайте больше, чем можете проглотить». – [Электронный ресурс]. – Режим доступа: https://www.cfin.ru/finanalysis/risk/Risk_Appetite.shtml.
Игор Тарасов Риск Аппетит [Электронный ресурс]. – Режим доступа: https://upravlenie-riskami.ru/риск-аппетит/ 7. Basel Committee on Banking Supervision. (2011). Operational Risk – Supervisory Guidelines for the Advanced Measurement Approaches. Retrieved from: http://www.bis.org/publ/bcbs196.pdf
https://annualreport.deutsche-bank.com/2017/ar/risk-report/risk-and-capitalframework/risk-appetite-and-capacity.html Lamanda, G., Võneki, Z.T. (2015). Hungry for Risk. A risk appetite framework for operational risks. Public Finance Quarterly, 2, 212-225.
Lamanda, G., Võneki, Z.T. (2015). Hungry for Risk. A risk appetite framework for operational risks. Public Finance Quarterly, 2, 212-225.
Inomjon Jumaniyozov, 2018. "Impact of Development Finance Institutions on Economic Growth: Implications for Reconstruction and Development Fund of Uzbekistan," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 4(2), pages 84-88, January.
I. T. Jumaniyazov 2021. The Progressive Foreign Experiments in the Activity of Sovereign Wealth Funds. Annals of the Romanian Society for Cell Biology. 25, 2 (Mar. 2021), 109–116.
Jumaniyozov, I. "ISSUES OF ENSURING THE TRANSPARENCY OF SOVEREIGN WEALTH FUNDS." International Finance and Accounting 2020.5 (2020): 1.
Jumaniyazov, I. (2020) "FOREIGN EXPERIENCE IN THE ACTIVITIES OF SOVEREIGN FUNDS," International Finance and Accounting: Vol. 2020: Iss. 2, Article 1. Available at: https://uzjournals.edu.uz/interfinance/vol2020/iss2/1
Jia, X., Cui, Y., Patro, R., Venkatachalam, S., Kanday, R. & Turayevich, J. (2023). Application of fractional-order nonlinear equations in coordinated control of multi-agent systems. Nonlinear Engineering, 12(1), 20220335. https://doi.org/10.1515/nleng-2022-0335
