Moody’s assessment approach ‘evolving’, says new executive
London -- In an exclusive interview with Operational Risk, an executive from Moody’s Investor Services, the US-based rating agency, said the firm’s approach to operational risk assessments is "evolving". The agency recently declined to renew the contract of Brendon Young, who had been a consultant in the operational risk area in Moody’s London office, and who is also the chairman of the Operational Risk Research Forum.
Young published a detailed evaluation framework for op risk in January this
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