As op risks continue to evolve, building an understanding of effective risk management is critical for financial institutions. This course covers the essential principles of op risk, from conducting ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In addition to the principles for operational resilience, the Committee ...
The severe disruptive effects of Covid-19 on banks’ activities, have made identifying, measuring, controlling, and monitoring operational risk at banks more important than ever. Operational risk is ...
Build it. Develop it. Improve it. Your business needs a sustainable risk management framework that is as forward-thinking as ...
On October 20, 2017, the Office of the Comptroller of the Currency (OCC) issued Bulletin 2017-43 (the “Bulletin”) outlining principles that OCC-supervised banks should follow to prudently manage the ...
What is a risk management framework? Implementing the principles and guidelines of a risk management framework (RMF) is not just an effective way to manage current risks, it also provides a structured ...
May - June 2006 Introduction Basel II has changed the face of Operational Risk management in the Financial Services industry leading Institutions around the world to review and challenge the way in ...
The Reserve Bank of India on Tuesday released an updated “Guidance Note on Operational Risk Management and Operational Resilience’’ to promote and further improve the effectiveness of lenders’ ...
Representative Image The Reserve Bank on Tuesday updated its "guidance note" on operational risk management for the financial sector, and also extended it to the NBFCs, including housing finance ...
Severe weather conditions have a tremendous impact on our power grid as well as downstream costs for people, property, and brands that are costly and time-consuming to recover from. For example, ...
Effective homeland security is dependent on mission technologies—autonomous systems, sensors, identity management tools, and ...