Non-financial risk - Revision history

Doug: Add link.

2024-08-19T15:24:46Z

Add link.

← Older revision		Revision as of 15:24, 19 August 2024
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	* [[Guide to risk management]]		* [[Guide to risk management]]
	* [[Market risk]]		* [[Market risk]]
			* [[Misconduct]]
	* [[Operational risk]]		* [[Operational risk]]
	* [[Regulatory risk]]		* [[Regulatory risk]]
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	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]
	~~[[Category:The_business_context]]~~
	[[Category:Identify_and_assess_risks]]		[[Category:Identify_and_assess_risks]]
	[[Category:Manage_risks]]		[[Category:Manage_risks]]
			[[Category:Risk_reporting]]
	[[Category:Risk_frameworks]]		[[Category:Risk_frameworks]]
	[[Category:~~Risk_reporting~~]]		[[Category:The_business_context]]

imported>Doug Williamson: Add link.

2023-03-11T22:46:38Z

Add link.

← Older revision		Revision as of 22:46, 11 March 2023
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	* [[Cyberrisk]]		* [[Cyberrisk]]
	* [[Downside risk]]		* [[Downside risk]]
			* [[Financial]]
	* [[Financial risk]]		* [[Financial risk]]
	* [[Guide to risk management]]		* [[Guide to risk management]]

imported>Doug Williamson: Add link.

2021-07-01T09:43:49Z

Add link.

← Older revision		Revision as of 09:43, 1 July 2021
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	* [[Risk]]		* [[Risk]]
	* [[Risk management]]		* [[Risk management]]
			* [[Risk mitigation]]
	* [[Systemic risk]]		* [[Systemic risk]]

imported>Doug Williamson: Add quote. Source: BIS https://www.bis.org/review/r191115j.pdf

2021-06-28T01:56:11Z

Add quote. Source: BIS https://www.bis.org/review/r191115j.pdf

← Older revision		Revision as of 01:56, 28 June 2021
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	The concept is particularly important for banks and other financial firms where, historically, the management of non-financial risks may in some cases have been neglected.		The concept is particularly important for banks and other financial firms where, historically, the management of non-financial risks may in some cases have been neglected.


			:<span style="color:#4B0082">'''''Only a downside'''''</span>

			:"Non-financial risk, whether related to misconduct, non-compliance, IT, reputational, cybersecurity or operational challenges, is not linked directly to financial decisions and has only a downside.

			:In other words, unlike credit or market risk, here there are only potential losses, which can be large. In addition, non-financial risk can only be reduced or mitigated, but not eliminated, and it is far more difficult to quantify than financial risks.

			:Despite all these difficulties, or perhaps because of them, non-financial risk has been on [bank] regulators’ and supervisors’ radar for quite some time. In fact, it’s been more than 15 years since the Basel II capital accord included a capital charge for operational risk."

			:''Margarita Delgado, Deputy Governor, Banco de Espana, 2019''


	== See also ==		== See also ==
			* [[Compliance risk]]
			* [[Conduct risk]]
			* [[Credit risk]]
			* [[Cyberrisk]]
			* [[Downside risk]]
	* [[Financial risk]]		* [[Financial risk]]
	* [[Guide to risk management]]		* [[Guide to risk management]]
			* [[Market risk]]
	* [[Operational risk]]		* [[Operational risk]]
			* [[Regulatory risk]]
	* [[Reputational risk]]		* [[Reputational risk]]
	* [[Risk]]		* [[Risk]]
	* [[Risk management]]		* [[Risk management]]
			* [[Systemic risk]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Remove surplus link.

2021-06-26T23:48:12Z

Remove surplus link.

← Older revision		Revision as of 23:48, 26 June 2021
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	== See also ==		== See also ==
	* [[Financial risk ]		* [[Financial risk]]
	* [[Guide to risk management]]		* [[Guide to risk management]]
	* [[Non-financial risk]]
	* [[Operational risk]]		* [[Operational risk]]
	* [[Reputational risk]]		* [[Reputational risk]]

imported>Doug Williamson: Create page. Sources: Linked pages.

2021-06-26T23:47:35Z

Create page. Sources: Linked pages.

New page

''Risk management - banking - financial firms.''

(NFR).

Non-financial risks are all risks that are not financial risks.

The concept is particularly important for banks and other financial firms where, historically, the management of non-financial risks may in some cases have been neglected.

== See also ==
* [[Financial risk ]
* [[Guide to risk management]]
* [[Non-financial risk]]
* [[Operational risk]]
* [[Reputational risk]]
* [[Risk]]
* [[Risk management]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]