Operational Risk: Supporting Document to the New Basel Capital Accord

The abolition of the Clearing and Settlement System had a social impact as well, leaving a number of people unemployed. Most of them were highly specialized personnel, well-experienced in domestic payment operations but at the same time relatively inflexible to systemic changes that were to come. This created an additional pressure on the government to find a solution that would make the transfer to the new payment system less distressing. The obvious solution was to sell or rent government-owned Clearing and Settlement Bureau premises to the existing banks under the condition that these workers remain employed. This created additional income to the budget and partly resolved the.

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TÀI LIỆU MỚI ĐĂNG
91    69    5    29-03-2024
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