What are the best practices for operational risk management in banking?
Operational risk management (ORM) is the process of identifying, assessing, monitoring, and controlling the risks that arise from the internal processes, systems, people, and external events that affect the operations of a bank. ORM is essential for ensuring the safety, soundness, and efficiency of banking activities, as well as complying with the regulatory and market expectations. In this article, we will discuss some of the best practices for operational risk management in banking, based on the principles and standards established by the Basel Committee on Banking Supervision (BCBS) and other industry bodies.
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Hamed Rezk ,MBA, CIA?, ASMEC?, CCRO, CRMP, GRCP, CCP, CLBBRegional Chief Risk Officer | Driving Growth for 200+ Companies | Executive Risk Committee Chair | Helping You Excel in…1 个答复
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Elizabeth Hinden D'EliaExecutive Group Head of Risk Management - LATAM | PQO | MBA; | #BoardAcademyMember
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Ghassan Zeidan, FRM, MBAFounder & CEO @ Paragon Consulting Partners | Governance - Risk - Compliance - Internal Audit | Host @ 3Lod Unlocked1 个答复