Διαχείριση λειτουργικού κινδύνου
Operational risk management
KeywordsΚίνδυνοι χρηματοπιστωτικών ιδρυμάτων ; Διαχείριση κινδύνου ; Λειτουργικός κίνδυνος ; Μέθοδοι μέτρησης ; Επιτροπή Βασιλείας ; Βασιλεία ΙΙ ; Πυλώνες Ι, ΙΙ & ΙΙΙ ; Βασιλεία ΙΙΙ ; Κεφαλαιακή επάρκεια τραπεζών ; Risks of financial institutions ; Risk management ; Operational risk ; Methods of measuring operational risk ; Basel Committees ; Basel II ; Pillars I, II, III ; Basel III ; Capital adequacy of Banks
Operational risk requires from financial institutions to implement planning and quantification rules in order to satisfy the criteria that supervisory authorities impose. The main objective of the current study is to interpret the essence of the operational risk management. The dissertation is organized as follows. Chapter 1 illustrates the necessity of risk management for financial institutions. Chapter 2 analyses the essence of operational risk according to Basel II as well as the methods to calculate the minimal capital requirement. Chapter 3 describes the Basel committee on banking supervision (BCBS), its mutation and its regulatory framework. Chapter 4 includes operational risk management within a financial institution based on three measurement methods with particular reference to Value at Risk method. Our empirical analysis showed that the preferable measurement method was the alternative standardized approach for calculating the requirements for maximizing the benefits of financial institutions.Chapter 5 concludes and underlines the necessity of establishing Basel IV taking into account the fact that new risks are liable to occur.