Op risk ‘an end-to-end-process’, says Sabatini


Sabatini, giving a plenary address at the annual OpRiskUSA conference, urged operational risk managers to ‘think outside the box’. "Large losses – at least at our firm, and I think I speak for most – do not happen because of a single point of failure. If you think of a major problem at your organisation, has it been a single point of failure or indeed is it multiple points of failure happening simultaneously across areas or activities that you didn’t know really were related? Looking at

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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