2020-06-10: Operational resilience – Expectations and challenges

Overview Board members are one of the most significant stakeholders for any risk management initiative. They expect timely and...

The “risk centric” approaches to managing risk have not delivered the desired benefits in terms of preventing significant failures...

The operational risk framework for an organisation plays a critical role in defining the approach of organisation towards managing...

At the end of the day, humans manage risks. Involvement of humans into any process brings various advantages and...

Organisations are spending significant percentage of their financial budgets on managing their exposure to different types of risks such...

Overview Many firms and individuals fail to come over as effectively as they could or should in regulatory visits...

Overview Operational risks are typically assessed using qualitative scales such as High, Medium and Low. While the use of...

As part of risk and control assessment process, organisations collect a lot of information about risks at various levels...