 | Michael J. North, Charles M. Macal - 2007 - 328 str.
...industry, has many definitions, but a good working definition is the "risk of direct or indirect loss resulting from inadequate or failed internal processes, people and systems, or from external events" (Harmantzis 2003). OpRisk is the risk associated with everything other than market risk and credit... | |
 | Ronald Maier - 2007 - 720 str.
...on an operational level are focused on day-to-day business and can be defined as the "risk of loss resulting from inadequate or failed internal processes, people and systems or from external events" (Basel 2005, 140). skills, experiences, expertise person documents, IT infrastructures, groups, teams,... | |
 | Kock, Ned - 2007 - 750 str.
...developments. BACKGROUND An operational risk can be defined as the risk of direct or indirect loss resulting from inadequate or failed internal processes, people and systems or from external events (RMA, 2000). The management of OR involves a multitude of techniques that serve two main purposes:... | |
 | Harding de C. Williams - 2006 - 382 str.
...using AMA are expected to analyze the following risks: • Operational risk — includes risk of loss resulting from inadequate or failed internal processes, people, and systems, or from external events. 56. Id., pps. 45070-45087. 57. Id., p. 45952. 58. Ibid., p. 45978. • Operational risk loss — the... | |
 | Robert Handfield, Kevin P. McCormack - 2007 - 136 str.
...implemented should a claim be filed. Operational Risk Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people, and systems, or from external events (www.riskglossary.com). This also includes fraud or theft. With SarbanesOxley (SOX), this area has... | |
 | Ravi, Vadlamani - 2007 - 380 str.
...credit scoring problems. According the Basel Committee, operational risk is defined as "the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events." This kind of risk is most difficult to anticipate and hence manage because of its unpredictable nature.... | |
 | Dimitris N. Chorafas - 2011 - 360 str.
...aftermath. There are also many other operational risks which, briefly defined, are the risks of loss resulting from inadequate or failed internal processes, people and systems, or from external events. Fraud, for instance, is an event with both internal and external origins. Until Basel II established... | |
 | David Loader - 2011 - 192 str.
...are various definitions Risk of operational risk. The Basel Committee defines it as "the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events". Most organizations would add in "loss of reputation" . Operations Risk Systems Risk Settlement Risk... | |
 | IT Governance Institute - 2007 - 105 str.
...Basel Committee defines operational risk as follows: "Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events."25 The definition includes legal risk but excludes strategic and reputational risk. Currently,... | |
 | Frank J. Fabozzi, Henry A. Davis, Moorad Choudhry - 2007 - 400 str.
...will require banks following Basel II to set aside capital to cover operational risk, the risk of loss from inadequate or failed internal processes, people, and systems or from external events — including legal risk but excluding strategic or reputational risk. A bank operating under the advanced... | |
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Supervision (2006) defines operational risk as "the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. 
