Commercial Bank Foreign Exchange Under The Internal Control Risk Management Framework - A Bank's Analysis Of The Case

With economic globalization, the RMB exchange rate market and freely convertible accelerated process of gradual liberalization of capital controls, financial and foreign exchange products, innovation, expanding the scope of forward settlement and sales, foreign exchange designated banks for foreign exchange risk will be more routine oriented and diversification, foreign exchange business internal control of commercial banks will also be an important part of the internal control system, strengthen the designated foreign exchange bank foreign exchange risk control is particularly important. In this paper, the current domestic commercial banks internal control system for the topic, combined with their practical work and in the case of domestic banks, analyze, refine and summed up China’s commercial bank’s internal control and management status and problems of management mechanism innovation was the introduction of Western-style economy credit risk management internal control mature theory. Features for China’s commercial banks have put forward a number of improvement measures. To better get perfect internal control system of the existing domestic make meaningful perspective. From the soundness, effectiveness, independence and the principle of prudence in advance starting on risk prevention, and control and ex post monitoring and correction.This paper studies the method is to regulate and empirical research combined to normative research mainly focus on combing and summarizing existing commercial bank’s internal control system objectives, risk points, regulatory requirements, and establishing and supplement the existing system missing or neglect links and elements of proposed findings policies. Complemented by empirical research combined with specific cases to be verified.