Day: March 13, 2021

The Seven Operational Risk Event Types Projected by Basel II

The Seven Operational Risk Event Types Projected by Basel II

Posted in operational risk management banking Bankers have reasons to fear operational risks hovering around their businesses. Any loss caused by inadequate or failed internal processes, people, systems, or by external events, can be classified under operational risks. Basel II has projected seven types of operational risks that banks and financial institutions should bring into […]

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