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.

Sound Practice Guidance - Part 2
March 2010

Risk Control Self Assessment March 2010 The aim of an operational risk framework is to identify, assess, control and mitigate operational risk and to champion effective repo . . .

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Sound Practice Guidance - Part 1
December 2009

Risk Appetite December 2009 In common with a number of aspects of operational risk management, risk appetite is an area that attracts differing views among practitioners. . . .

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Featured Articles

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

Edward Sankey elected new IOR Chairman
April 2010

Edward Sankey is the new chairman of the Institute of Operational Risk (IOR)– the professional body supporting practitioners in the discipline of managing operational r . . .

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IOR launches first sound practice gu...
January 2010

Press release 15th January 2010 The Institute of Operational Risk (IOR) has launched ‘Risk Appetite’ – the first in a new series of guidance papers designed to...

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