IN BRIEF

A new Center for Operational Risk Research & Education (CORRE) is to be established in affiliation with the existing Operational Risk Research For um (ORRF). The Forum, an independent organization, was established in April 1999 with the goal of encouraging research into operational risk in the financial industry and is one of the few bodies dedicated to the study of this emerging area of risk management. According to the December announcement, the new Center will develop both an educational

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