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Regulatory Focus on Conduct Risk—Hungarian Case Study on Qualitative and Quantitative Tools for Risk Mitigation

Kasarinlan: Philippine Journal of Third World Studies

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Field Value
 
Title Regulatory Focus on Conduct Risk—Hungarian Case Study on Qualitative and Quantitative Tools for Risk Mitigation
 
Creator Szendrey, Orsolya
Szini, Robert
Tomsics, Andras
 
Description Due to the inadequate conduct of their business, financial institutions have recently sustained severe losses, as a result of which the management of conduct risks has become increasingly prominent in regulation. This paper describes the position of conduct risk within the framework of risk management, and uses Hungarian and international examples involving major losses to illustrate the need for the adequate management of conduct risks. This is followed by a description of how to manage the type of risk in question using the qualitative and quantitative tools of operational risk management. A quantitative analysis is then carried out to illustrate the effects on capital requirement achieved by taking into account conduct risks in various components of the internal models.
 
Publisher SCHOLINK INC.
 
Contributor —
 
Date 2018-05-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.scholink.org/ojs/index.php/jepf/article/view/1359
10.22158/jepf.v4n2p164
 
Source Journal of Economics and Public Finance; Vol 4, No 2 (2018); p164
2377-1046
2377-1038
 
Language eng
 
Relation http://www.scholink.org/ojs/index.php/jepf/article/view/1359/1510
 
Rights Copyright (c) 2018 Orsolya Szendrey, Robert Szini, Andras Tomsics
http://creativecommons.org/licenses/by/4.0