An operational framework is a guide to a company's policies, goals, standards, procedures and training. The framework sets out the way the company does business and promotes a corporate culture and ...

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 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 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 ...

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 ...

Electrical and water utilities are crucial as societies rely on electricity and clean water to run institutions and personal well-being. Interruptions in these areas affect public health, economic ...

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 State Bank has outlined principles for sound management of operational risk and minimum standards for operational risk/loss data collection. According to SBP circular issued here on Wednesday, ...

Of all the financial buzzwords on Wall Street, "risk" and "operations" are in the forefront these days. With new position limits, rules and regulations rolling out as fast as firms make headlines for ...

Although this IT risk assessment template deals with risk assessment for disaster recovery requirements, it can be customized for other IT requirements. Head this way ...