FEATURES AND PROBLEMS OF IMPLEMENTATION OF THE UNIFIED INTEGRATED RISK MANAGEMENT SYSTEM WITHIN THE CONTEXT OF BASEL CONCEPT CAPITAL ADEQUACY IN RUSSIA
Abstract
The paper is devoted to credit risk management as part of the integrated system of corporate control, risk management and compliance, as well as input to the risk assessment and risk reporting. The paper analyzes the process of credit risk management in the bank, states the goals, objectives and challenges of each stage, gives the recommendations to bring each stage in line with international practice. Russian financial institutions face the challenge of implementing the three elements of the Basel Accord simultaneously, thus they need to build methodological and practical framework for the implementation of these principles in the shortest terms. The practical importance of the study lies in the recommendations and findings which offer broad opportunities for improving credit risk management in Russian banks.
About the Authors
O. N. Korableva
Saint-Petersburg State University of Economics; Department of Management National Research University Higher School of Economics, Saint Petersburg
Russian Federation
Olga N. Korableva – Doctor of Economics, Prof., Professor at the Department of Banking, the Head of International Laboratory “Management, System Analysis and IT in Economics”, University ITMO, Director
Russian Federation
Olga N. Korableva – Doctor of Economics, Prof., Professor at the Department of Banking, the Head of International Laboratory “Management, System Analysis and IT in Economics”, University ITMO, Director
O. V. Kalimullina
Saint-Petersburg State University of Economics
Russian Federation
Olga V. Kalimullina – post-graduate student at the Department of Banking
Russian Federation
Olga V. Kalimullina – post-graduate student at the Department of Banking
References
1. Информационно-аналитический документ о современных рекомендациях международных финансовых институтов, устанавливающих стандарты финансовой деятельности, в области корпоративного управления и систем управления рисками и о полноте и степени реализации этих рекомендаций крупнейшими российскими кредитными организациями – участниками «Самооценки системы управления рисками и корпоративного управления в банке». Режим доступа: http://www.cbr.ru/analytics/?PrtId=bnksyst
2. Кораблева О. Н. Репутационные риски в системе риск-менеджмента коммерческого банка // Российское предпринимательство. 2013. № 24(246). C. 55 – 60.
3. Письмо Банка России от 29.12.2012 № 192-Т "О Методических рекомендациях по реализации подхода к расчету кредитного риска на основе внутренних рейтингов банков". Режим доступа: http://www.consultant.ru/document/cons_doc_LAW_140871/
4. Письмо Банка России от 27.05.2014 № 96-Т «О рекомендациях Базельского комитета по банковскому надзору «Принципы агрегирования рисков и представления отчетности по рискам». Режим доступа: http://www.cbr.ru/analytics/bank_system/96-t.pdf
5. Best Practices in Credit Risk Management. Challenges to and Opportunities for Rebuilding Trust. Режим доступа: http://www.sas.com/resources/whitepaper/wp_11906.pdf
6. Ernst & Young. Implementing Basel II/III in Russia, 2013. Режим доступа: http://www.ey.com/Publication/vwLUAssets/Implementing-Basel-in-Russia-Eng/$FILE/Implementing-Basel-in-Russia-Eng.pdf
Review
For citations:
Korableva O.N., Kalimullina O.V. FEATURES AND PROBLEMS OF IMPLEMENTATION OF THE UNIFIED INTEGRATED RISK MANAGEMENT SYSTEM WITHIN THE CONTEXT OF BASEL CONCEPT CAPITAL ADEQUACY IN RUSSIA. SibScript. 2014;(4-2):232-238. (In Russ.)
Views:
377
Email this article 