Abstract
The purpose of risk management in Ukrainian banks is to provide a structure that defines responsibilities within the ICAAP process and determines the organizational structure of risk management and capital adequacy. Senior management determines the appropriate capital adequacy and соrespondent reports. The task of risk management in Ukrainian banks is to provide a structure that defines responsibilities within the ICAAP process and determines the organizational structure of risk management and capital adequacy. Senior management determines the appropriate capital adequacy and appropriate reports. In this context, ICAAP is seen not as an isolated process, but as a process that should be part of the strategic and operational management of the bank and as a component of corporate governance. Parameters important to ICAAP are determined in the strategic management process. The bank's management should identify the main components of the ICAAP, including the bank's risk strategy and the principles of risk management policy. In this process, it is also important to establish transparent instructions and define appropriate responsibilities. The modern concept of assessing the internal capital of the bank contains all the procedures and measures of the bank to ensure appropriate identification and assessment of risks; the appropriate level of internal capital in relation to the risk profile of the bank; application of appropriate risk management systems; further development of appropriate risk management systems. According to this concept, capital planning is to determine the components of capital to cover risks.
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More From: International scientific journal "Internauka". Series: "Economic Sciences"
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