and the ultimate goal of Confucianism rules with the same spirit, and the evaluation of the public officers was based on the idea as well.
Internal risk management and the rule of submission to the stronger, friendship with neighbor could be said that it was all based on Confucius idea of admitting the differences in the power among countries and sticking to their status. The idea of King
2) Managing external debt using sustainability indicators
External debt management involves balancing resource mobilization and deployment as well as orderly repayment of future obligations. For sustainable debt management, policy makers need to project accurate debt dynamics that are sensitive to the way the current account deficits are being financed. If borrowed resources are not used produ
The leverage ratio is calculated in a comparable manner across jurisdictions, adjusting for any differences in accounting standards. The Committee has designed the leverage ratio to be a credible supplementary measure to the risk-based requirement with a view to migrating to a Pillar 1 treatment based on appropriate review and calibration.
4. Reducing procyclicality and promoting countercycli
Risk assessment: Participants should conduct risk assessments, to include identification of key internal and external factors.
Security design and implementation: Participants should incorporate security as an essential element of information systems and networks. Participants should focus on the design and adoption of safeguards and solutions to manage potential harm from identified threats a
Recent Situation
“ internal information security attacks are outgrowing external
attacks at the world’s largest financial institutions”
(The Global Security Survey): Only 20% of the respondents in security survey strongly
believed that Information security should be a CEO-level priority
Ernst and Young(2004)
2) IT liability risk management
: The corporations should install f