Jollibee Foods (PSE:JFC) is rolling out standardized food safety and quality systems across its global network. The ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

On August 20, 2015, the Office of the Superintendent of Financial Institutions (OSFI) released Draft Guideline E-21: Operational Risk Management (Draft Guideline) for comments. With the Draft ...

The news: The Reserve Bank of Australia has released a framework for considering the impacts of the “increasingly important ...

Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...

HERNDON, Va.--(BUSINESS WIRE)--The Global Resilience Federation’s (GRF) Business Resilience Council (BRC) has published the Operational Resilience Framework (ORF) after more than a year of development ...

HERNDON, Va.--(BUSINESS WIRE)--The Global Resilience Federation’s (GRF) Business Resilience Council (BRC), a group focused on mitigating systemic threats to business operations, launched the ...

Operational risk management encompasses the identification, assessment, monitoring and mitigation of losses arising from inadequate or failed internal processes, people, systems or external events.

The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The new Standardised Measurement Approach (SMA) for operational risk ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...