Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...
Large organisations face major challenges in identifying and managing operational risk. Well established factors that contribute to that operational risk include: emerging technology such as AI; ...
The operational risk component of the agencies' capital proposal could not possibly pass any cost-benefit analysis, write Grag Baer and Francisco Covas, of Bank Policy Institute. If the capital rule ...
NEW YORK, May 20, 2019 /PRNewswire/ -- The majority (79.2%) of C-suite and other executives recently polled by Deloitte say significant operational risk events impact shareholder value over the long ...