Operational risk: Difference between revisions
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imported>Doug Williamson (Remove stray ') |
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* [[Business risk]] | * [[Business risk]] | ||
* [[Big data]] | * [[Big data]] | ||
* [[Credit risk]] | |||
* [[Financial risk]] | * [[Financial risk]] | ||
* [[General Data Protection Regulation]] | * [[General Data Protection Regulation]] | ||
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* [[Operations risk]] | * [[Operations risk]] | ||
* [[Performance risk]] | * [[Performance risk]] | ||
* [[ | * [[Reputational risk]] | ||
* [[Rewarded risk]] | * [[Rewarded risk]] | ||
* [[STA]] | * [[STA]] | ||
* [[Systems risk]] | * [[Systems risk]] | ||
* [[Transaction risk]] | |||
* [[Unrewarded risk]] | |||
* [[Weather risk]] | * [[Weather risk]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 11:22, 10 February 2017
(OR).
Operational risk is the risk of adverse effects resulting from inadequate or failed internal processes, people and systems and / or external events such as adverse changes to the economic environment.
Investors in companies generally expect the Board to mitigate or minimise these risks, to ensure that they cause as little harm as possible to the organisation.
Operational risks include - among others:
- Operations risk;
- Systems risk;
- Legal risk; and
- Weather risk.
