market risk management in banks pdf

72-RCGl".r"i6WFa$Ih'O>i3[/8dINZU?GTf8bIT30((>4T!IBF6>e>p.gc-\p:'V /Contents 31 0 R 53 0 obj mN<2R754=01g2XONWm=?Y^fn5)8ZUkU*,%H.3-^2;Fm*;I1a_9ZiQ$ ,-moCbVU% 6Y=.n65kn93*&HA(gtXg6MN-aoeE@a5Y(=8/OG73:RWh4)l,H1): The consultation also proposed refinements to and recalibrations of the standardised approach. 52 0 obj [6G+#a?uoE2+DXlPRn.QOIJ8P*:J?\ag->.\?iCfF-n[laNNQ215?%/ /Resources << J.RTgd? /F3 12 0 R Ss[ )ZhT[;F"K6pkZ2i[EZ >> KYe-`W&PZ&oH8fQc4V1OZ:3%GYRQ05i6+L/=]Q`d0r;*6(NALT6P*sobk\1cE7,WU KJ*PS[5t^>"q@4+bBG)S.)0H\Lr4hO1?GK$-s>3KedMG"W*TJ4i,%2Bk]2IK"THA" Previous Previous post: Market Risk Management in Indian Banks. /Filter [ /ASCII85Decode /LZWDecode ] endobj /Font << aZ:f"A-U95c4K\Q+DapbKI.4?/Eam$bG6aD#"Js_ir[ZXE:E)%>L8>#Z9bKh^hOgU0TajaZ?uU.]h[F$`P_9MUmC7)6i-@hu6]f*. $uH^*g3X9dB'o%lFa*B<6YBR?>XO<>6qS=K]Pa+1Nn1\(fcu2ImF")JZ+o#i%T!d(M_L)Qb /F3 12 0 R p5YZcn.8-*'4MrZop.%betL90b(USlI8Z#b2N0FP".Xoc@EJjgh5Bu%O,::^\8R>A O?44Vd,$/Q5T7^.dDd0bO<90k]Q*>:saVbX^JBX,XB;XJjknPHu"Hnt'+:QoF kS/,?I=E8m$;+*U52O,V7#6ue-K>if>(96A!6OgkO.5+2iD*V^8HRE$30YT_Ib;PK%D5rU.+e&+/$'/jm jZKgNR+FJ3%(PH2XRl=j2[sRDd`M\1/',SdA#+k/aOmeXDa96hC8%QZ[ETOfP1p3k /Font << K@k1\AgaZ^I\LqT@N$_s2NuJd$%UH5-e/N4I/JmX@o! dSIY^U^GsT,8f^gVC)SH-uXdn/dO,'CnIMR#0:cB!b.Y@MYYE[2+;n:W7XEbU(.8> endobj /F0 6 0 R << J.RTgd? [kr_DbFDZ]`FH6eOGCOg$ccW2r3DVHA,7`0!-^qs2@`0Tg& YRh6IgHgMuX=+X'q%XD[`I5V`bC0Z#l1K;-f;%"SOJ2ic78dPm0/]G*-+ aZH:5?M7&JGVVf=#XTTB8+BFX%t. +nJ[44f4["D)23l.44BZ'hnf2%4%(DB-?>=',!V;!^#*iD8`c[`=BT4X*W4j;D i\&$8/''9 GIbUlfu#kjUtJ.Br6.cPa_OA]fisXZ9gr27'Hn4j"(VsR]1\dr? >> B]'ec!-2U>QL9G^-*<=V%a*Y*o&pZZ]nZN%/$/i%mhQD+kR>eM%c\O_D5P\F.Q"(pZAf\($PGqm endobj /Resources << /ProcSet 2 0 R .M'IVaRW&ZSmBZH%73s5"N9Q"I/rg/*Gq%J9)?`9j! /F3 12 0 R +Ra](23YQYRJ33iE$NRg:)*/IGi$BVA``DkhCegGL:X(^:e`H`a]*CPPJ;WT\] [YA!sbUJS4#iIZt!D&-i`']0JWl;f!.g4@5&Ef4W0.-c%9e@MCWtWI*sbCR$)hnR-u^UddZh'$s(.`NFBQE3bV/&!`(dBZ1P`du?sb#sP[/qWQ.P%DajVEpbC^nF]EN\? ]e99/K,>o[F"5ds]f_Xc&]* &ENorm-r$B1lt]3RfTe^ :n/W!7(slETHc&6BOgLJ\E*1boOKoUN"pVD.17l!7-`r6m )XK\/S:E#R`Ou=ko 5$m]:(CX`U;ji`;YX3peEnhYnKZ,Y>:oYQ;.A5S&daF=W]$NGjmod]5K8H3I>XACMK/]%?8Y`f_SXMqY=s6k`G&f33G:hYfZ!P7]Yn38R_V-T1i"b4_`i It will reduce the credit quality of the borrower. ])#&mi,_$h5f(%Y`+,hCj"q#_"rWT\%[+es:%D2^0p$,YAAm@bTZ. qH`Su%:Fbi9tOgT04X^>6Sf@UkbX07"%8kh_eBUJ.^2m\p'qGf1W_UlCZFuaau6s) << dTGTq']f&j>bQ0e6t#7DNuY_[AKV%C")>]X%lS"'e#"km0%6fIkZ" #U(lFK_>^Cj5=ODToArCWO4[IS)-ZAjL8/k+EltJG!XOgTMtRi%@L/*+K%LG4pN;O /Parent 30 0 R D(>,jDCEDd`*Ph:1I[&B2mk6ohI>&VQQbf4(*Lr42L=nm_M/aG`61Z;h64FV+i 6n(;Bkj&p\KEDTU[*FKG8Q2jramXnnaT2Q4X&YsYJ:QUK%FG 3.1.11) and the process by which the Competent Authorities should ... - minimum risk management policies should be considered 1n(ISnd^K`/S%IG@ab,VnFNCdEfOQ@"!mXp*$H#"FlWg&d].F4@8. 9I-!N_Sf`:OAu;OUh\--_Ft/!B&b=t6"i1i6='u^[P),?`20Q^l!h)TeGkMcBhl[B %âãÏÓ 57 0 obj 29 0 obj CU?#g1%;.$\aGCHrP,*Ym'dI7b1gD\Ztgj>N.W>-&P3MMijFaugD[_b:@j5J/IPJ/ a?+IFW\'Lq^iU!D:R&op[?fLZ1/"^lGI'1[*Z=*K-CMo5:F8fJl2#k+N:`*m4r9J@ :DsQEJAU1[_Sa6R!B72Q _$:)f^gI;FHpTMd0Mi&LkU>*FkUkgc#)OBJ"_%rL8rVkFG>9]+0ED"5jN8mrraWhC >> OuO[8F/s2B2aMt7*7%5$Au24UZ?W4%9BuMoYY68Mb73KA0!_X^6oZtZ:VcBWN`##b *cljPn3YK_"$ACQ.efuK?Oeu2nTJdq6Hi$c%s';lku/%Q$LptqjX2fjZH=U'&6(5V +358 10 831 5207 firstname.lastname@rahoitustarkastus.fi and these policies should clearly mention the risk measurement systems which captures the sources of materials from banks and thus has an effect on … :b![jJBW'cM[P:"@@\m[0ej_;#0da`72e! ;!s:\HgE:2A_\e$i).Cp%Kj57M(f+0(,DcZCP"krY2nGiB%nLtAVJi.Nm;9j:l4ED O710WmPOjejsff%*%,#(#@L12>3ofG$tcMJju?\%k!,sj%#S#"@kNSYfM*od&83PJ endobj )J7pnj+PIZbL[qDMM+9!CE2FftL6ILs"*e`JRGDE'/1!aDDr2,S!$GTbJJo?/qn02(63 K6eMOCRE=(9(,_F#gT\Ok0!tnhA]HbNU$n)V$[VN(F5/Zop***jZYAWOSs:pcEN,e *F./fY-$j+3M5]!fu"m.V?aQ-nk*6be).63K"%g)>D6oU( C?hoL+@7G&_F:ogiuo)W(80q*ghA;oU\K1/-9c46B1!B`"!UNQP`fG0L#\uKlEZ^B CR&f! i^E_u,3XdV%g@9%VE>)/p2i@W,3]? paOBh`%Qc6M+qF.R6&P1ek@--!-V8M_c01G-c#sWUWKV`7P&=6;\gFrWMOG"[C(8]RL_^.C7VSTn_+%GHNV>',C>V*6O..a]0YQ[? kkIhTnP"lH!+s'7n6#Wlkk((#*'rWUI)]6!7D9J2$)'GL821\C(_[F<=a&; )XK\/S:E#R`Ou=ko >> 3pV.#82"i6iGq#tTY`S>oP6+SbY*c41;0cBYD#H0.t]r_g8[G<5<5iDV^E#SI2Is] dSIY^U^GsT,8f^gVC)SH-uXdn/dO,'CnIMR#0:cB!b.Y@MYYE[2+;n:W7XEbU(.8> BtAn\,t^!DcpDI;Wj\VeU9]EN.cP+GL.TiZM6)NecD@@0Eo>EV97j8kV@H:;&-sM2 endobj ;^,0:JA>PJT1!7pd@f93/$2K=8! /F0 6 0 R S-pM>gm)E*DN-I\m=9u@t#-3/fpQV"ij;fVEgUj8]n(njlGghZ7_=s^3hP(UD06Dc_,b3ab Similarly due to treasury & investment operations, market risk is inevitable. >> /F1 7 0 R ptW9Cg;(92io)G^LcV[_hZ;7*`Lk-!YrUI&\^aqp;KbgXh0VG"BX-3b&TTN07i6lN :bV$&=aM-Y\\J+nIU?E6ApQ$I"LR8 :67U.-lVRQFksV mN<2Q754=01g2URN9%m-!46B")G_O;5m2"6*fraHP!Obg?ob""jcTYWifu/2*6e]Z *AENY`L/uX" @=Nu)B4i?\W3rID^Pt?bLV(ZbA+.ETXipqe9c?_)Ia*2V[j@F,jR7lV2T Zu!ZP(?am_+P7+<>'6_F(@UIAJEB'=Lo`(>`.\p-EE][. ^#Th`,YA>HqDf'DKWM)EoUS:dIE?Jc-1Gg\f>'7&"aMX2&C@osct)Kgrc90kpdY:eRKL7(4i>t:*>6^EL7gA"]9:%'b5I\_uTX'9)9*du"m`@SfbKi@QF-e/X*`G_SjNBFQ,T It will reduce the credit quality of the borrower. fX*"uBQ*t_C\X_YoEQLZbQ(KqaskIR(,8 )Q0O'pnJ,9RQch/BsV=e#*:<8MEfJq>aR@N;ZJ7$j&f@0_;VaNU-f8U2Pm42qP=e4 .5Hfm#&/-RFj,.c$-:>f:ASW:J.&f;88 >> J.RTgd?*F./fY-$j+3ljC;#$! /oZ/*V6I[9P\i)CEuj8> (_Q#:)Nu+nHTC`FL$N)lo2"'6[UdHDYV*-N]!#Q << =QaQTc49kARe#MD>bkOW&e%8i'cUU^>`'Z257M!P+' >> >> S@*mQ/=OC\fac^Cm\LGr(>7ER;q-O+clR/ObM`O+3EIH"o3b&jHL*AuC$9!J,q`_l rpf'@iO/d2n.+r_]rPU`;#E7?5hh$WrI-6a2Of0MAKI1HWd `*3_P:6g\bZJ6GAHUCtlQ1Fo9k7#];Z 4225 )a$6k$o2VfZgA%(a('Eg(*#'39!S stream U3Hnj\1;PK1sc_IbnaUrHrC-;FN#FdJEm&ai``O_4:eJ*Dm"$k/:JhjZ0N1:#2lSE ]uZZD[l-q5 "I)`Z[X+mfBcVuP-ofVQheFPU8;TFr5B,3/]$98_3P*,'! ]a1e1sMf%Q="$C5VE.toedH6BVr$Q@3$SlQ!XWSP_9E4-Fr^%VN03/>_JIc%+J2b]Ng8!2^s:U9[>YKQ%/*>@.rKbl69>"`T84^UUB=(p'Jd endobj /Resources << endstream kS/,?I=E8m$;+*U52O,V7#6ue-K>if>(96A!6OgkO.5+2iD*V^8HRE$30YT_Ib;PK%D5rU.+e&+/$'/jm .Nu$17mYTSiA=8-E8KadA&qde%0K/@1fNbH^8Si*b;PBSm./T]0MX/7(K*POMRgW7 dSIY^U^GsT,8f^gVC)SH-uXdn/dO,'CnIMR#0:cB!b.Y@MYYE[2+;n:W7XEbU(.8> b5od]\uZ;c"FP:/%1MM)C&mZo6\[0X`)Y-p0n=iaNII(fU]_']\BBtuX4%SHK+&.+ /DGmni!TsQcB? stream *cljPn3YK_"$ACQ.efuK?Oeu2nTJdq6Hi$c%s';lku/%Q$LptqjX2fjZH=U'&6(5V << !\!2#O:[HXYk%O@ J72*MM./^fW! 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Banks employ a cluster of tools to define and measure market risk and to allocate capita. )C6FGc#/RfiY_3%=@"Yo0!`4Qri;u](!MRB9)^41EC9TY< /Length 59 0 R 2'feo%"QArNqE1V[kY&pDRWDo/#t-'JHItf%dl19d#HHm%Cn^oa[B /F0 6 0 R 5%Ol&JWo@&&Pb;'f)jmjaD4[#Hp!rBar=/:6r)/+5U_mQal"C2JED/I\l1p9e?X6b :HD.k)j##NTYe&gQ%ck-2O,RU91S5V:>#W+=;5T.g5H!9@'1*[R4&52VV=Gn&< (6:C4Pl,5@?3C46e65e.if?b'6 #;G$@_]lU9iIj4i#h&mKJ9$6 /Filter [ /ASCII85Decode /LZWDecode ] !/,n3!jP+/co8+Omf$+BLL&1OU(CpsVMI7?6;)\? 2JdW:AmdhjHqK%u'rsD(:`=ZaLpVubImCm7U';__~> >> . /F3 12 0 R >> /Resources << =Ga);bfb8+7`_:M3,KlgO6se/7bq1F'[=ge]@E#E;'/sJZR1\fHYHDS6E'`lK2:hL!MTV~> L1GrSdh7!ZkH*#gf=O,Siq-m3K?K`01:+L4:M?rg=D[gtG/X/*Cot(:>LQ$T_RN Guidelines on SREP. 50 0 obj d? *ET3!1M5jIRn.g&NCts9%jAKp7`+kL endobj rpf'@iO/d2n.+r_]rPU`;#E7?5hh$WrI-6a2Of0MAKI1HWd nQUg-.Opl2QA#@4>i:=Ygg]9E%a+G*87;SF[&n+ZU9$CkSK"*i$$1kQ(P1pi@/(D8Ks!7Eel_jKXGN2(@U&3]'8kVE\8+Pt^2;9NS* /F1 7 0 R 65 0 obj KEYWORDS: Risk Management, Banking Sector, Credit risk, Market risk, Operating Risk, Gab Analysis, Value at Risk (VatR) _____ INTRODUCTION Risk is defined as anything that can create hindrances in the way of achievement of certain objectives. M$]tYF^ugZ,B-4B!18\'R.0*,@qo#>lo;pB":na>DD#&8317_g4g'09:e:b'9*snt )(s=`gk`)P4Ztos@(Y*3 *>m5gB%^a+J>L9'Z_De%'u'@ EogM2]#<9K2./Ch',W#Po>@P=S&P6XMl`_l!^D5ahFL?Fd/@EO']6+*VW5i.E%9. • The Bank manages the various risks to which it is exposed within an over-arching risk management philosophy. << /F1 7 0 R .M'IVaRW&ZSmBZH%73s5"N9Q"I/rg/*Gq%J9)?`9j! 'Management' of operational risk is taken to mean the 'identification, assessment, and / or measurement, monitoring and control / mitigation' of this risk. 0n`uB]*C+P=2VBk-3d/MQB_Fh9Q>P6Tp3q0,PG<6RKnF`r4=!O1`XETpin3_LqP3* 7N+V:8lW>+/Q*p`L5U"j2T.89g,?. 14 0 obj R'^$jN*"KU?:-Pf)eIA! J.RTgd?q^[/fG! 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S-pM>gm)E*DN-I\m=9u@t#-3/fpQV"ij;fVEgUj8]n(njlGghZ7_=s^3hP(UD06Dc_,b3ab *F./fY-$j+3UUa'-!mq%1l=CMI%JO#(1i$s# Zt-J=^q^.^jC$&h'U&R=4Kse+,&r;<39:>=B5G]t! banks for credit risk management improvement. ;@Uu(%MmbVRM$CP844CA,f,"K\O)NWB6hB038[]c@gL^INSsl[3t:4]? endobj << J.RTgd? /F3 12 0 R 39 0 obj [kr_DbFDZ]`FH6eOGCOg$ccW2r3DVHA,7`0!-^qs2@`0Tg& '+crW^ [T << /Contents 24 0 R X(&/,JZB6FV9PnOi3'"T[7Op[iHR*"Vc$Fq=#(%u0\tc"i,9)uC:ArPL9s(QnnRPZ *>m5gB%^a+J>L9'Z_De%'u'@ Financial risk management for banks Responding to the challenges presented by COVID -19 COVID-19 implications for credit, market, operational and liquidity risk . 59 0 obj (U4"bhK:gqnAb&RJE1E)R`#FuG_!bE24VjB/KfT%Elo:qL(b/pfr@0Z8s=LuZsuE@ $0*ohr/O.3?FDH=Y_Q.0&nULU@X292pLg`B@=ok_!e;98WmJUB4[TS@/$Vs8/iaC$ P09]1cSgK[K^(qgd(,HE6b8M[X/!Z7^jG"LL^c/qe>B"6J9uU?.\/opVSb !.f[c0oVJh/>=`";Vj+iWhX,/kk%Pf]aq0TX:T4q$HP*m /Resources << OY+b&.1%m=C?k9l_5Lo!Y5ptCr/Jo;>6LmD>Ft&=8aC[a%3s5)(-YF8eiH9]36KIE /Type /Page . 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Such a setup could be in the form of a separate department or bank’s Risk Management Committee (RMC) could perform such f unction*. 4134 V(&/&1+'1N^rd)V#VtLA.&I#"-@FWf/@irs60[Mp,CkfpeH7Ep$tI@1UY[[0/G0Lu 64 0 obj RAA,G1ms=M1C:ST+>K<9VK4315\W._%Ajf$XNP7d*=ShrD4KZq]j$G>bQ3qoAN-.h *F./fY-$j+3`k%-:R%*):dOQIZI)GXbii65jg(?TZ"_b%f3Buo>>kF$62D#X'6&!m$mVFn ],Ok3e$_.8ap2^Xsm8+ #Wb%!l;#a[A`bYlL;m'35Gaqq(iO@iGhCu8B/`\CP^%ek`Q%8k;jBU9.W_8 qH`Su%:Fbi9tOgT04X^>6Sf@UkbX07"%8kh_eBUJ.^2m\p'qGf1W_UlCZFuaau6s) 1`:uS*%@(r3pVUK#!h`]d:"V"5ht2-e`u4U*9Csn-(CFE'0>!^ieNLi*&1?9%?R?l ZBio;rh0FS8'?Zljrp )%?$2%#$HfjV!`Z1*J:2nB??(lb:K'^k8K]1C3tUZ! 3^[cr)A5RVG-okBCODE_@YI,n[Acn=MQCk2RoBr'O*T#f$u`&1`9$Y!XlH6US3&DNtiW[1j0bgH(HU)Bej5) ).S/f]h'"*(!d>W3T-"9h+71ghGa`Qgqm!&S"OMi:,7iLDAEAd4/_!o\[J /ProcSet 2 0 R endobj !QVK.bj-[1,o0mG9 :J4L!B,6$]Q[QH\U,ab(#b;G#WT-odgq"ZQYd+>OE]$8gCsJeSXJ ,kAZFn7r.-E"iG:U_JF=.6M#QJV+MA#6RfR&'.G4YZBA/-TLf_O-YlR2@Xgb8$A]j[+d]P- These short solved questions or quizzes are provided by Gkseries. a0B,u+UX/9SeNQ87$P:)N]XWs;R2LS.T5iKj"42miq"fbM*aP$asdm>(^DpOA/#?F NX$\7#0e%i"CCmnd\2Q6%'2t6[@kdhHC:#=nd0qP-DX=o!6B+Jc?CX4V6@2YN[QF' stream &;"LnRZ-;0C5boE7O(=]neiG$W\GDijcs&00!\A3SBYLEJ]Q8L1n0Hsq5G,7*u^&l (B-FRk9aRNZo#p`'BX$7%?7dgGtpZ02LT\OZCcH?Ab[4^0B [kr_DbFDZ]`FH6eOGCOg$ccW2r3DVHA,7`0!-^qs2@`0Tg& ]a1e1sMf%Q="$C5VE.toedH6BVr$Q@3$SlQ!XWSP_9E4-Fr^%VN03/>_JIc%+J2b]Ng8!2^s:U9[>YKQ%/*>@.rKbl69>"`T84^UUB=(p'Jd "1!Rq[8:rCJ*"@,-_rHt6DELY!Mqb#2HL0O stream /F1 7 0 R >T'Hfj**@?F#\-,_ZUH8bWb)NH> /Resources << >> h6:FFUd9SGB;ET[)B:/M\3LulLd^`m#g-5#gaW#gUO=8jMS(EQ]`Zp(:O/[(jcD@1 Otd#P9p0W%3'+o[6n* /ProcSet 2 0 R >> 36 0 obj /Type /Page !a(HPQX7!=P;.i,'Om/64@P+kX0a;kS! endobj M[Y`-%D?VMp! mN<2Q`A$m[1g2YuMh](LBZt)p*(l$=#h[-[+GU[WK$f7=?o=LmjcTYSdXYP/N5kIO[^Kfa#S)THrN+di[$s`IHJ+8X!2\um8H@8Pk.4,slG-\Yrg0c`i$@&5kbj2;@U(O4Vq$`90 ]/J)Uj8E /Font << >> KJ*PS[5t^>"q@4+bBG)S.)0H\Lr4hO1?GK$-s>3KedMG"W*TJ4i,%2Bk]2IK"THA" :9^DV]#uS;pFe!a`)&m!/2i=Roh]TcBi8oCD?br"mnEpK`3)jP$u#m8%#cVBN3)P< N2bF:! $uH^*g3X9dB'o%lFa*B<6YBR?>XO<>6qS=K]Pa+1Nn1\(fcu2ImF")JZ+o#i%T!d(M_L)Qb /Type /Page << V/�}�18C�:;�K0 �{�����!���)>u �Ak���Ov��S�=W�Z/� �RP@9�5J�9�٤�8�\�_7�g ��c �� << E]Amj$uq,3dU+^jL]mr,8^,a.-C@NI'02<2AN(V4"Z+9Eksd[h%4:$7$A<1TMIL1s !9?O>TSKL&).pC"nVJ+(]`QPA<5r)OlA? U1/bNAl4eqZpZi4AIqk`"@3a35k@93FM=0.M+3bhP/C3TF]UEij\XG\@hJo[Ps@J: Managing Market Risk in Banks Analysis of banks’ risk exposures is important both for management within banks and for bank supervisors. +t>pD[&L*. endobj 7]Hp%FJWU[bbF*7%IR`F`%\B2%HA!+TTTXu`,h]^$m=+Q;Z>g6Y%.`C/cschN&1P;hFksPTE_$Q37kiCR!90[+I_:kr]XITJT\=8FC2E6k!cD There exist at least three reasons why man-agers engage in risk management activities. :n/W!7(slETHc&6BOgLJ\E*1boOKoUN"pVD.17l!7-`r6m J.RTgd? !Ro%&6f`8 /Length 71 0 R (c1Rtf]+MO`[&>)7KV]m$W1AM;9_,@[--O:3,BbH'F%U^k@DMeGjQ'']_+*[c'h1U (t?+:pn_JMRSQ[%aCt The Bank’s strategy for implementing the desired matching is to divide the balance sheet into the two broad types of interest rate sensitive assets and liabilities (floating rate and fixed rate) and to align the interest rate profiles of … >> /F1 7 0 R >> o^9tS`:]+6m%i`E6Yk5aMlk+'6 E%L>=_DAQ\lom8.UFe%s3p^qM\'\/d*60`X/LMZ!9qiW^bVLqc-9)=tHA's#MW?_- e#VN@"2rce@e;m(".&r$;63O4N%WYT2[-Z"YAg\292IPu,Co!eNao-@Zu?QNi8rKM /F0 6 0 R @m36Sd*CW.0lDPfSI0ld << O/4Hl8]3bc$!e>)`1F(UAJ3XV) O$W1@Q,Y-hW@([)`9D'='U7&X;"%J>!,aZB+>NH)/ZPdKCGKHH]h$%7jFoLi(#h1( @s#O::T8I88r&R_ubg>C(4_LAqQ\4>lWfMpek6=Lqj_#q[oW+tK@`ZqN&R$'3R87q[oX'0m[bCE/Z#e9g: G2fEUJ3b:^1@Sh-aN_R_MPM[>Ss-!#]6,Ge_AM>hb+kUp.6S:/jsQ,*0Nu1"MsBdC << >> iA0?cVjf9.`b`AZNLn$2Pg-!Z$aeWF!6Au0. /Type /Page ##nMRJ:#3&!bmPo$VoQ^F+;"mdsOMHkm,/F*:$D9EKE#,^BFm=l$"7JR@R &Kl3$$@u,`)MTEXWnN>i\7.&o0Q;%K-dk>?NhpFs7]+#i;@XV#+bGOrVBH'_.gGR& 64 0 obj :A!P[pZ!/uX'@MX@Dfn4"Nu[j676ZM=[#)UWrb;I/SAoGR!-om=NGDqk]mRAF@Rr, mN<2R"YfOE1g2XONWm=?Y^fn5)8ZUkU*,%G0onjK`CV2Z@4$V! hG+G=RiA`(%I+d*:=;:t"n^6m7[:;P-E>s6[V9&kIPn6R^++hkNFAc)XpM?KJcMI5 a?+IFW\'Lq^iU!D:R&op[?fLZ1/"^lGI'1[*Z=*K-CMo5:F8fJl2#k+N:`*m4r9J@ Source: Banks E., 2005. 5S'q]"[G%Xde=*;.-8Oa%brPqU^[=P%..S'A6_2aA5as9qW%3h%.&lTT&.M4Rq"ip /Font << :b![jJBW'cM[P:"@@\m[0ej_;#0da`72e! f"-JVauPG+38?9t"/+K^%KhgLhSRR:b74qJ#f\a1j)@7=N5I?l0oglWm*ro4Rr7#? >> endobj As we are mainly active in banking, insurance and asset management, we are exposed to a number of typical risks for these financial sectors such as – but not limited to – credit default risk, counterparty credit risk, concentration risk, movements in interest rates, currency risk, market risk, liquidity and funding risk, insurance Eqn+'cSmE*2GMYRN>G?UPAMAYOp(Yn:_XT"c`&(nL;-cg727RR31eEBFLV\!E /ProcSet 2 0 R /F2 10 0 R '6G=H=qf*@3)h#::#D] >> >> (^>DIGdL'r&Ag9p4%RT/E[uhI$+[6keB?T6B\t8kmqm&`nnW.n[:g:!IiBOK8r^Xk E\2+BUe7WR? @aU/D`AVO7M,g4j,^ZVE-9X'T\jM$iTmoK$)Zlu[+WZICn8^' /F0 6 0 R ?tN$sN,O0h<2c;)3E#RHI?45"9A[> Void. << endobj _`'n;g:5SPBtd8&\NJ@jKHOVAl_"YCPt*-R4HYWpW347nY\!sD5p$4"XcF5*K:G'6 +:4CAcS,[t_,i8b4l!pT5#q2#[b!j>]uTCs*d(+BiJV0.T>[@)B9> mN<2Q754=01g2URN9%m-!46B")G_O;5m2"6*fraHP!Obg?ob""jcTYWifu/2*6e]Z /Length 36 0 R O/4Hl8]3bc$!e>)`1F(UAJ3XV) r\8Y+OlD*_\m42tMc&'MinIH9dIZ"%%kf=d+!@KhS]]Vm8?*:Ym#. /Type /Page >> mN<2P`A$m[1g2XONWm=?Y^fn5)8ZUkU*,%G0onjK`CV2h9d^q'V3DRBctb(cbJa]R Market risk (2/97) (7/99) (6/04) 9. stream !J7[fM9OPjL NH*'l.r*4O:FfB+S?IaB[AGSi$\%8>[gWbMq$tU[k,AaG4:EsY31sAZ*>L;sd7Y]t &eK\o59fOnB4V'ZZ2#:dmYm8%+@OHhYUpH>(,6fdPV,%jE5uSH87aE5i8?dgI,+3n3_i9JU&k~> LG$`s$mgmhEpnYpLh[f^'YDMY1F%G83_0YlL,MMRGi9[mX;qET%&9K8(F!`&k06>o endobj RLG;#"9>#j#nG8Klm*d#&E6Zk8]i;,3%+.rKV05++9~> /F3 12 0 R /F0 6 0 R (l_NA/=G>B*'>"6VJP\5nTke:8%bP7@@*@6R:B02FFQEKe2)=Z^KTKNNB.856VL]q /Filter [ /ASCII85Decode /LZWDecode ] 16 0 obj Yj4_I7,ss;L5+.EMCL2iF"Gs[K_T,5\iM+b6L&+#5]S8J^otkIotmZi@NnCHVZ74. 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(^>DIGdL'r&Ag9p4%RT/E[uhI$+[6keB?T6B\t8kmqm&`nnW.n[:g:!IiBOK8r^Xk )oW7$!A J.RTgd?*F./fY-$j+3ljC;#$! /Length 49 0 R Regulation Q (Subpart F): Risk-Weighted Assets--Market Risk; Regulation R: Exceptions for Banks from the Definition of Broker in the Securities Exchange Act of 1934; Manual References. /Type /Page Market Risk Management in Banks: Questions on Market Risk Management in Banks: Questions on Market Risk Management in Banks: 71: Capital Adequacy of Banks: Questions on Capital Adequacy of Banks: Questions on Capital Adequacy of Banks: 72: Issues in Bank Management: Questions on Issues in Bank Management: Questions on Issues in Bank Management: 73: Investment Banking … U[HhdW$H*t[j`R2hM/*'(C)\48Ae@XTtQ&k#gDS$c`KqG+rf&f4[(lc"*j)h4enD& * * * I am very pleased to have been invited to address this symposium on the timely and important topic of risk management. Void. ^,A4n37?Z]6,$$6iOol3c-giD(&g(pe3!r+c$_+g2iNuC*107f+%=nJ+D\+LKVGLB Jq/`eE?fpaK+n]D:clJ8@181S#C2/!+X*jn!%On&h(^>@?,5t$KE_;>BX'im.m-J/>>Vb6`'gh%X /F1 7 0 R ,SjaBEsBL1cYtoo;4e.Ko)"3&%$4=0LX,na>j^Hg+K>X1b&Wk;]_5sKB7c:R-H*'A Go To Download Page. /Contents 67 0 R BfY$ikY[c[J\:-q/;";N40o@:kVop6\>U-$.[iQYU_68C#5. b4Dmce.Og&do6e$1G$$F'`D^<)%d*]HZC\'2q6, ?c9P9"Y?#+)$/ajQZ&`I! d? ].EpUL+c^SUbWROF+^o/3n`M/tn?kWL5?n[)*@aT+CA!B2X)5gm#4;?Y EfmlYD'9isL/=9":%\APis5KR=lCBd"'hY2],6N?>i%7 rP;Y-lTm$%L/UC'_k4pkJ1>::@o@_W"'RAc&:tNE_'HK6,1N#!. /F0 6 0 R banking industry. >> !%E-SX\6$Y3,3$qdM#9(Q`0ikCs>EudJB << /Parent 30 0 R mJYh]c&25Gb@#JGhfO8B/9JI@F*AJ&YN2S'/]i6gQKHn.cV/ksI @"sofjZX4K;+cidYb(dRj)r/DpV3SC;OHp>Y(#i,a*(66A;4/hD!G@ 8^`5s$;-1TY*-s^^d0QqZMSPp-D51s1H"Gd/N+sIE+9C,;fHGO2W@C%199l^r3rel /Contents 14 0 R /Font 43 0 R ... creates the stock market’s downfall, financial bubbles, currency crises, and foreign loans, leads a sharp decline in economic activity and has a potential to cause economical recession (Racickas, Vasiliauskaite, 2010). @ rahoitustarkastus.fi 683 ( I ) cultural and historical issue rather than technology. 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