The fundamentals of operational risk assessments
PRACTITIONER'S POV FRAMEWORKS
Overseeing an operational risk programme never ceases to fascinate me. There are aspects to op risk that are overwhelmingly unique from any other risk discipline. As I have said previously, it has the most moving parts. It involves every single person in the company, without exception. It is constantly in motion, involving an ever-changing set of assumptions and forces. And it is, ironically, sometimes unfortunately, and perhaps most importantly, the most intuitive. Simply put, for any given
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