Sigor's new sound practices paper says boards must set tone at the top

Sigor releases revamped sound practices paper

andrew-sheen-fsa-2010-5

The Basel Committee on Banking Supervision's sub-group on operational risk (Sigor) has published for consultation the long-awaited redrafted Sound practices for the management and supervision of operational risk. The original paper, published in 2003, has been viewed as the best starting point for a firm embarking on setting up an operational risk management framework. The 2010 paper, which replaces the earlier document, "reflects improvements and enhancements in operational risk frameworks, to

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: