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 ...

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 ...

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 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’ ...

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 ...

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 ...

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 ...

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 ...

Canada’s solvency regulator released the final version of its Guideline E-21: Operational Risk Management and Resilience today, calling for the new expectations in the guideline to be implemented in ...

On 12 June 2025, ESMA published its principles on third-party risk supervision which are designed to assist supervisory authorities to identify, assess and supervise the third-party risks of EU ...

Abu Dhabi: His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE), inaugurated the 19th Annual Conference of the International Operational Risk Working ...