期刊名称:International Business & Economics Research Journal
印刷版ISSN:1535-0754
电子版ISSN:2157-9393
出版年度:2013
卷号:12
期号:6
页码:603-612
语种:English
出版社:The Clute Institute for Academic Research
摘要:This article assesses the status ofoperational risk management of banks in developing markets in the context ofBasel II. The aim of the article is to determine the extent to which riskmanagement staff is prepared to implement a risk management framework in linewith international best practice. An African commercial bank was examined usingsurvey data collected in July 2010 from 22 employees. The data were analysedusing descriptive statistics. Results obtained indicate knowledge gaps incollecting risk data and the application of risk models as limitations to theimplementation of the framework. The results support the commitment of moretime and financial resources in up-skilling staff if banks in developing marketsare to comply with regulatory requirements as recommended by the Basel Accord.
关键词:Operational Risk;Risk Management Framework;Developing Markets;Basel II;Regulatory Capital