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 ...
Understanding the risk profile is becoming increasingly challenging. Executives and managers are hit with a variety of risk data from a myriad of sources – the business, who owns its risk profile, ...
Hudbay Minerals has resumed full operations at its Constancia mine in Peru after a temporary shutdown caused by local demonstrations and illegal blockades, with shipments and supply chains now ...
The majority of securitization professionals cite operational risk as a leading concern in structured finance transactions, trailing only traditional credit risk as the overriding factor potentially ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Operational risk is a serious concern not only to traditional and alternative investment managers, but also to ...
Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...
Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Misys says the bank will deploy its Operational Risk Center ...
Risk and control self-assessments have been common in the finance industry for many years – so why are they still relatively ineffective? I believe the answer is fairly straight-forward; it’s all to ...
Many companies believe that as long as employees follow established procedures, the organization will achieve safe operations and, therefore, business success. Unfortunately, it’s not that simple.