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1. How does the Banking sector of Canada does Quantitative and Qualitative risk assessment in general. What tools and strategies are used for both the

1. How does the Banking sector of Canada does Quantitative and Qualitative risk assessment in general. What tools and strategies are used for both the risk assessments and, what are they mainly used for in the same ( banking ) industry? Give a detailed explanation.

2. What tools and strategies are used by the banking sector in order to monitor and control risks with relation to risk management? Give a detailed explanation.

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