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Defining the boundaries

Him Chuan Lim, Basel II programme director at DBS Bank in Singapore, talks to Ellen Davis about operational risk's complex relationship with both credit risk and market risk

Just what is operational risk? Is it truly separate from credit and market risk? Where are the boundaries? Should there be boundaries?

These are the questions that Him Chuan Lim, the Basel II programme director and head of Operational Risk at DBS Bank in Singapore, has been asking himself over the past few months. To put this in context, DBS Bank arguably has the most advanced operational risk

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