Bb"S Core Risk Management

Website: http://www.bangladesh-bank.org Department of off-site superintendence Bangladesh desire forefront slip Dhaka-1000 DOS Circular No.-02 Date: 15 February 2012 03 Falgun 1418 captain Executives entirely Scheduled situates in Bangladesh Dear Sir, Risk solicitude Guidelines for Banks You argon aw are that banks in the financial services attention are facing various challenges attributable to increased rival and involution of diversified business network. Though Bangladesh has fortunately been spared slightly of the novel worst upheavals that have occurred in other countries, the requirement of everlasting vigilance cannot be ignored. Bangladesh Bank has already issued guidelines on find based capital adequacy, stress testing and managing banking risks in sextette core areas. With a view to managing various risks in a prudent manner, scheduled banks are hereby instructed to act on the attached risk anxiety guidelines. The document should be set a s supplement to, and not a substitute for, restless core risks guidelines. Banks have to prepare a risk focussing paper and must place the same in the midweekly meeting of the Risk Management Unit. The minutes of the meetings should contain ad hoc decisions based on the analyses/recommendations made in the risk concern paper. Banks have to submit risk management papers (hard & loopy copies for successive months of each quarter) along with the minutes of the meetings within 10 days of each quarter end to the Department of off-site Supervision. This circular along with the guidelines are available on the website of Bangladesh Bank and shall come into force with immediate effect. Yours sincerely, Enclosure: As preceding(prenominal) (K.M. Gousuzzaman) widely distributed Manager Phone: 7120376 Z¾ Df°f?¯° °¾ ? f°¾ &  f W ZdDEd K& K&& ^/d ^hWZs/^/KE  E> ^,  E