| Summary: | 碩士 === 淡江大學 === 管理科學研究所企業經營碩士在職專班 === 93 === Computerization, securitization, deregulation, and internationalization are currently main trends of investment businesses. Banks and financial services companies are able to diversify their businesses. The removal of barriers to the diversification has resulted in the emergence of meg-banks created by an increased number of merger-acquisitions. The international capital is accelerating its speed of flow. An international corporation’s operation lethargy can potentially cause chain effects. A growing impact of financial crisis, the safety of international monetary markets and the mechanisms of operational stability are unprecedented challenges in the banking and finance industry.
Taiwan is undergoing the financial reforms. The goals of these reforms are to enable domestic banks to interoperate with international markets and to cope with challenges resulted from the internationalization and deregulation of the banking and finance industry. To achieve these goals, domestic banks and financial services companies need to carefully assess the potential impacts of the latest capital agreement enforcement. These impacts include the future competition with foreign banks, intensified fluctuation of financial markets, increased operational risks of banks, etc. Banks’ operational risks have been further increased due to the changes of internal and external business environments, such as the declining of traditional banking businesses, the growing development of financial business for general consumers and investment banking business. Banks and financial services companies need to be aware of their operational risks and well establish a risk management system, in order to comply with the principle of institutional safety and operational stability.
To succeed the financial reforms, banks and financial institutions need to commit to the improvement of their competitiveness by deregulating their businesses and training their employees. It is imperative for banks and financial services companies in Taiwan to comply with the New Basle Agreement. This agreement can serve as a baseline to determine the flow of international capitals in and out of Taiwan. The New Basle Agreement is a yardstick to gauge the volume of international capital flows, like determining the optimum height of a dam.
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