PolyU Library
Journal Call no.HG1302.Q37
AuthorCarse, David.
Article TitleThe evolving supervisory approach towards risk management / David Carse.
Is Part OfQuarterly bulletin / Hong Kong Monetary Authority ; no.6, Feb 1996, p.44-49.
AbstractBank supervisory practices adapt as banking systems evolve. The first stage is direct regulation, the second is capital-based supervision and the third is risk-based supervision. The latter places more focus on identifying various types of risks and assessing banks' systems for managing them. It is reflected in recent proposals for capital requirements relating to market risk. The Asian region includes examples of different stages of evolution; in Hong Kong we are moving into the third.