Sakura Bank views operational risk as consisting of processing risk and systems risk, and is developing models to measure it as such
Our approach to operational risk stems from the idea that it should be measured on the same basis as credit risk and market risk so that the three categories can be compared with each other. The purpose of this paper is to introduce such a concept.
An obscure notion seems to have become prevalent in Japanese banks that operational risk is somethin
The week on Risk.net, July 7-13, 2018Receive this by email