Renown and industry leader website Risk.net presents the top 10 operational risks of 2017, as chosen by risk practitioners worldwide. Banks and financial services firms face a range of operational challenges in 2017. In a series of interviews that took place in November and December 2016, Risk.net spoke to Chief Risk Officers, Heads of Operational […]
Operational Risk has historically been considered by many as the less-important-“younger brother” of Credit Risk and Market Risk. Operational Risk has been growing in importance within financial services providers, being them top tier 1 banks, brokerage firms, investment management firms, financial boutiques, among others. The fundamental aspect of operational risk is that if a given (operational) risk occurs […]
This article contains some links into Bank for International Settlements (BIS) important documents for Operational Risk. Each link will open a new window in your browser and will guide you to the original BIS article which contains a PDF version.