operational-risk-framework

Learning objectives: Explain the Basel regulatory expectations for the governance of an operational risk management framework. Describe and compare the roles of different committees and the board of directors in operational risk governance. Describe the “three lines of defense” model for...

Learning objectives: Describe an operational risk management framework and assess the types of risks that can fall within the scope of such a framework. Describe the seven Basel II event risk categories and identify examples of operational risk events in each category. Explain characteristics of...

Learning objectives: Explain the motivations for revising the Basel III framework and the goals and impacts of the December 2017 reforms to the Basel III framework. Summarize the December 2017 revisions to the Basel III framework in the following areas: The standardized approach to credit risk...

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