The main directions of improving oversight and management of banking Risk With the global financial crisis that has engulfed the banking sector Most countries only important to the study conditions and causes of the credit and market risks, as well as justification of the main objectives of the regulation and supervision to prevent or control such risks. Improving surveillance systems and risk management is the key to a stable and effective functioning of the banking system. In almost all countries, banks are exposed to the same risks regardless of the use of certain financial instruments or complexity. The reason is that the foundation of all banking risks are market, credit and operational risks that could significantly evolve depending on the nature of the banking business, national conditions, etc., but their economic nature remains unchanged. This approach enables supervisors, especially Basel Committee on Banking Supervision, unified management approach risks and improve the methodology of supervision and regulation of banking activity [Credit Risk Transfer. The Joint Forum. Basel Committee on banking Supervision, March 2005 [electronic resource]. - Mode of access: bis.org/publ/joint13. htm; Credit Risk Transfer. Developments from 2005 to 2007. The Joint Forum.