The Institute of Operational Risk (IOR) is a professional body, existing to serve its members. It was formed to provide professional recognition and to enable members to maintain competency in the discipline of operational risk.

The Institute, as reflects the industry, is relatively new but has a drive and passion in regard to Operational Risk in developing standards and education, also providing a forum to exchange ideas and best practice within the industry.

Sound Practice Guidance

These sound practice guidance papers are designed to assist companies implement the various components that make up a robust risk management framework. It is the Institute's intention that these Guidance papers evolve over time as we receive feedback and suggestions from individuals/companies who have used them.

The SPG series includes:

Risk Categorisation - September 2011

Key Risk Indicators - November 2010

Operational Risk Governance - September 2010

Risk Control Self Assessment - March 2010

Risk Appetite - December 2009

To view currently published papers in the series, refer to the SPG page

 

External Loss Events
November 2011

Sound Practice Guidance November 2011 IOR calls for firms to establish outward looking processes when it comes to external loss events Current market complexities within th . . .

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Risk Categorisation
September 2011

Sound Practice Guidance September 2011 A workable risk taxonomy - often referred to as risk categorisation - is one of the key challenges facing firms in their development . . .

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Featured Articles

Recent papers and articles from our members will be shown here.

BC Awards 2011
June 2011

As with previous years, the IOR were happy to be a sponsor of the prestigious Business Continuity Industry Awards, held at the London Hilton Hotel, Park Lane on 25th May. . . .

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Report on AGM and Annual Dinner
June 2011

HQS Wellington, London was the venue for the IOR Annual General Meeting and Annual Dinner on Thursday 24 March 2011. Members attending the AGM heard the Chairman Mr Edwa...

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