Supervisors Symposium
.H\ )LQGLQJ /RVVHV LQ D &ULVLV
/RVVHV RQ V\QGLFDWHG ORDQ SRUWIROLR EDVHG RQ &/,0$),1 PRGHO
3K\VLFDO 5LVN 5HSRUW
.(< ),1',1* $ERXW WZR WKLUGV RI WKH LPSDFW RI SK\VLFDO ULVN FRPHV IURP LQGLUHFW HFRQRPLF LPSDFWV OLNH VXSSO\ FKDLQ GLVUXSWLRQV DQG ORZHU SURGXFWLYLW\ DQ DUHD WKDW KDV QRW EHHQ VXΊFLHQWO\ DQDO\]HG WR GDWH .(< ),1',1* 7KH ODUJHVW 8 6 EDQNV KDYH D 9D5 IURP SK\VLFDO ULVN RI PRUH WKDQ ELOOLRQ a RI V\QGLFDWHG ORDQ SRUWIROLR YDOXH HYHQ LI DGDSWDWLRQ PHDVXUHV DUH WDNHQ DQG LQ DGGLWLRQ WR WKH WUDQVLWLRQ ULVN HVWLPDWH .(< ),1',1* &RDVWDO ΉRRGLQJ GULYHQ E\ VHD OHYHO ULVH DQG VWURQJHU VWRUPV UHSUHVHQWV WKH ODUJHVW VRXUFH RI GLUHFW SK\VLFDO ULVN 7KLV ULVN LV HYHQ PRUH DFXWH LQ WKH 6RXWKHDVW .(< ),1',1* :KLOH SK\VLFDO ULVN JHQHUDWHV KXQGUHGV RI ELOOLRQV RI GROODUV RI ΈQDQFLDO ULVN IRU EDQNV LW DOVR OHDGV WR VLJQLΈFDQW RSSRUWXQLWLHV LQ DGDSWDWLRQ ΈQDQFH L H ΈQDQFLQJ QHZ LQIUDVWUXFWXUH
&ULWLFDO ,PSDFW $FWLRQV
Made with FlippingBook Online newsletter creator