Risk management system
Risk management at the Belarusian Currency Stock Exchange (BCSE) is an integral part of the corporate culture and allows to ensure the financial soundness of the BCSE to realize the strategic goals set by shareholders.
Risk management is a universal task and responsibility: management authorities, structural units, officials and employees of BCSE in carrying out their activities and performing their duties assess emerging or potential risks and take measures to minimize and minimize the negative consequences of risks.
The main objectives of the BCSE risk management system are:
- ensuring/maintaining an acceptable level of risks constrained by risk appetite;
- ensuring the stable operation of BCSE as a whole, its effective development in line with strategic objectives both under normal conditions and under conditions of external shocks, enhancing confidence on the part of BCSE’s;
- making informed management decisions that ensure an optimal risk-return ratio, determining the appropriateness of risk-taking;
- ensuring the reliable functioning of the stock exchange trading, clearing and settlement system, payment system, operated by BCSE, FINMARKET financial platform (marketplace), including through timely identification of risks and measures of prompt and adequate response to the realization of risk events.