Formation and development methodology of regional financial risk assessment and risk management system

Abstract

Despite the fact that risk management appeared in Russia not so long ago, it is already recognized in all spheres and sectors of the economy. Of course, there are difficulties and problems in this area, but risk management is developing, and the issues of building risk management systems are becoming increasingly important today. However, little attention is paid to researching of the risk management system in the region, despite the high importance and the need for permanent forecasting of possible losses. The article is presented anapproach of building financial risk management system at the regional level, methodsof risk control system, identified indicators of financial risk and financial stress. Copyright © 2018 International Business Information Management Association (IBIMA)