FAIRFAX, Va.--(BUSINESS WIRE)--In the year since the initial release of the Operational Resilience Framework (ORF) by the Business Resilience Council, the ORF working group has expanded the framework ...

Build it. Develop it. Improve it. Your business needs a sustainable risk management framework that is as forward-thinking as ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

Monetary and Capital Markets (MCM) department delivered a hybrid technical assistance (TA) mission to assist the Bangko Sentral ng Pilipinas (BSP) in developing a supervisory framework for operational ...

Public debt managers are exposed to a wide range of potential risks that could be categorized in two main areas: financial risks and operational risks. Financial risks, such as interest rate risk and ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper discusses Philippines’ Summary Technical Assistance Report series that provides high-level summaries of the ...

This dynamic course provides a step-by-step guide to effectively embedding ESG into the op risk framework, building on existing tools and processes while avoiding duplication. Diverse topics will be ...

Current stress testing frameworks for operational risk often lack clarity with respect to measurement standards and the balance to be struck between systemic (macroeconomic) and idiosyncratic risk ...

On August 20, 2015, the Office of the Superintendent of Financial Institutions (OSFI) released Draft Guideline E-21: Operational Risk Management (Draft Guideline) for comments. With the Draft ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The new Standardised Measurement Approach (SMA) for operational risk ...

The FSA reports on the progress and issues encountered by the UK banking industry in implementing systems for measuring and managing operational risk. The paper outlines the outcome of discussions ...