Banking - Belcanto Business Studio

By: Studio Belcanto  09-12-2011

There are several reasons why risk management should be applied in Islamic banking, and why it is so important, if we thoroughly further especially with the implementation of Bassel Accord II, which is a refinement of the Bassel Accord I, is inseparable from the global risks that occur in theevent Enron which have occurred kecerobahan or manipulation of data, therefore it emerged two focal figure in the American parliament named Sarbone Oxley, so any financial laopran must cmply with SOX regulations or Sarbone Oxle. Inspired from it then the impact to the banking sector to implement risk management, coupled with the uncertain condition, causing the banks would not want to implement risk management

Reasons why risk management so important

The Bank is a service company whose income is obtained from interaction with customers so the risk is probably not there to know the risks then we can anticipate and take necessary actions in dealing with clients / issues to further develop understanding of embedded control, which is a very important function in the operational activities.


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