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I. Which of the following losses can be considered as operational risk losses? a) A counterparty going bankrupt and not paying b) Damage to the
I. Which of the following losses can be considered as operational risk losses? a) A counterparty going bankrupt and not paying b) Damage to the companys reputation from a cyber attack c) Inability to process customer transactions due to a cyber attack d) The failure of a central counter party to correctly execute a trade e) An employee suing the company for discrimination f) A new business venture in another company failing to be profitable g) Violating financial regulations in another country [40 marks]
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