Reputational risk: Difference between revisions
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imported>Doug Williamson (Expand. Source: PRA CP 21/16 http://www.bankofengland.co.uk/pra/Documents/publications/cp/2016/cp2116.pdf) |
imported>Doug Williamson (Link with Compliance risk page.) |
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==See also== | ==See also== | ||
*[[Compliance risk]] | |||
*[[Ethics]] | *[[Ethics]] | ||
*[[Franchise viability risk]] | *[[Franchise viability risk]] | ||
Revision as of 20:29, 27 June 2017
1.
The risk of adverse consequences arising from a worsening of the reputation of a business.
For example, as a result of adverse publicity.
2.
The risk of incurring costs, or limiting the flexibility of commercial actions, because of the need to protect the reputation of the business from damage.
