Enterprise Risk Management lecturer Penny Cagan shares the evolution of the field of operational risk and dispels some of its most common misconceptions.

The three lines of defence is a risk governance framework that splits responsibility for operational risk management across three functions. Individuals in the first line own and manage risk directly.

building an understanding of effective risk management is critical for financial institutions. This course covers the essential principles of op risk, from conducting impactful RCSAs to setting KRIs, ...

The deadline for APRA-regulated entities to comply with CPS 230 is fast approaching, and a risk industry specialist has urged ...

he Reserve Bank of India (RBI) on Tuesday updated its “guidance note” on lenders’ operational risk management structure, bringing more lenders such as non-banking financial companies (NBFCs ...

risk management programme aligned with their operational risk management framework. Previously, the RBI's guidance on operational risk management had applied only to commercial banks. Now ...