EL And UL
预期损失:Expected loss:
非预期损失:Unexpected loss:
Risk management:
Old Treatment of Risk VS Stress Testing:
Risk management:move from a historical-statistical treatments of risk to scenario analysis and stress Testing!
极端情况下的情景测试和压力测试!!!
A Risk Managerjob:(一个风险管理者!!!)
NO:control and reduce EL.
Measure the UL
Set sufficient capital to protect against potential UL.
Achieve appropriate return from the risky activities.
Clear communication.
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