Why Should You Attend:
This webinar is all about best industry practice in the management of operational risk in banks and other financial institutions.
These, operational management principles, were developed over the past two decades by the Bank for International Settlements’, Basle Committee for Banking Supervision. They are an basic part of the “Basel Accords”, which is the continuing set of banking regulations (better known as Basel I, II and III and beyond), which provides recommendations on banking practice as it relates to capital risk, market risk and operational risk.
Based on best industry practice and supervisory experience, these principles cover three key risk-management themes: governance, risk management and disclosure.
Areas Covered in the Webinar
- Principles for the management of operational risk in financial institutions
- How to implement the BIS’s “Sound Practices for the Management and Supervision of Operational Risk”
Each of the 11 Principles are examined individually in terms of their:
- Content
- Meaning
- Implementation factors
- Responsibilities
- Detailed banking case study.
Who Should Attend
- Banks, Community Banks, Financial Institutions
- Financial Officers
- Risk Officers
- Internal Auditors
- Compliance Officers
- Operational Risk Managers
- Heads of business and operational departments
- System developers involved with designing and building banking applications
- Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments.
