ORGANIZATIONAL AND METHODOLOGICAL ISSUES OF OPERATIONAL RISK MANAGEMENT IN COMMERCIAL BANKS
Abstract
This article discusses the important role of managing operational risks in the banking sector, with a detailed analysis of this issue in the context of commercial banks in Uzbekistan. Significant changes are being observed in the countryʼs banking system, and managing operational risks is becoming an integral part of ensuring financial stability. The article delves deeply into the organizational and methodological challenges banks face in their risk management processes. The insights and recommendations presented in the article are hoped to serve as a foundation for future research and for developing strategies to manage operational risks in the local banking sector.
Keywords:
Basel III Operational Risk Risk management cultureReferences
Basel Committee. (2011) Principles of sound management of Operational Risk.
Chapelle, A. (2018). Operational Risk Management: Best Practices in the Financial Services Industry. John Wiley & Sons.
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OECD. (2014). Risk Management and Corporate Governance. OECD Publishing.
Toshpulatov D. (2022) http://qxjurnal.uz/_ld/4/494_1-_2022.pdf
Миронова Светлана Юрьевна (2014) “Система управления операционным риском в российских коммерческих банках и ее совершенствование” Диссертация на соискание ученой степени кандидата экономических наук Москва.
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