As cargo operations rely more heavily on shared data and automated processes, technology failures and cyber incidents are ...

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 ...

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 ...

Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...

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 ...

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 ...

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 ...

The dynamic, automated, continuous risk management framework addresses the shortcomings of its predecessor, the Risk ...

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 ...