RiskSpotlight kicks-off the feedback process for revising operational risk appetite statement
In early September, RiskSpotlight published an operational risk appetite statement example for a bank - (link). The objective of this statement was to initiate discussion within the operational risk management community on what content should be included in an operational risk appetite statement document. Our example statement has been downloaded over 700 times so far, which certainly demonstrates a high level of interest in this topic globally. Over 200 operational risk professionals have indicated that they want to participate in the process to further enhance this document.
We plan to publish the next version in end of January 2016. You can see more details on the feedback process we will be using to revise this document here.