Question
Basel II defines operational risk as 'the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events'. Thinking
Basel II defines operational risk as 'the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events'. Thinking of the banking industry provide examples of Operational risks and what controls could be in place to mitigate the risks.
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Operational risk in the banking industry encompasses a broad range of potential risks resulting from internal or external factors Here are some examples of operational risks and corresponding control ...Get Instant Access to Expert-Tailored Solutions
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Contemporary Auditing
Authors: Michael C Knapp
12th Edition
357515404, 978-0357515402
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