程与实务研讨会.pdfVIP

企業風險管理與作業 風險 ERM流程與實務研討會 94.06.17 黃追 Contents I. Operational Risk -Identify Ⅱ. Operational Risk -Measurement Ⅲ. Operational Risk -Management Ⅳ. Operational Risk -Control/Mitigate Ⅴ. Conclusion Causes (I) 1.Deregulation and globalisation of financial services 2.The growing sophistication of financial technology 3.The greater use of more highly automated technology 4.Growth of e-commerce 5.Large-scale acquisitions, mergers, consolidations 6.Large-volume service 7. Risk mitigation techniques 8.Growing use of outsourcing arrangements 9………. Causes (II) Source:E Source:E Source:E Definition of Operational Risk 1.Operational risk as any financial risk other than market and credit risk. 2.Operational risk as risk arising from operations. 3.Operational risk as any risk over which the institution has control. 4.Basel Ⅱ （consultative paper；CP2）: The risk of direct and indirect loss resulting from failed or inadequate process, systems, or people or from external events. 5.Basel Ⅱ （2004.06.24）: Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. (this definition includes legal risk, but excludes strategic and reputational risk) Elements of Operational Risk(1) BIS Ratio Credit Risk Operational Risk Market Risk Internal Events External Events Internal Processes People Systems The ERM Framework