Risk Accounting, Modeling and Non-Financial Risk: An Argument for Better Integration GARP.org article by Peter Hughes Environmental and Climate Change Risk: Did We Learn the Lessons of the Past? When global economic meltdown appeared the most likely outcome of the...
Assessment vs. Measurement The conventional toolkit employed to counter the operational risk threat is woefully inadequate. It is typically comprised of subjective and non-aggregatable colour-coded risk and control self-assessments and quantitatively modeled estimates...
Ground-breaking study of the Risk Unit's applicability in operational risk quantification We are thrilled that our latest research paper, produced in collaboration with the Durham and Leicester University Business Schools, is now available in the Journal of Risk...
OpRisk Capital Chess: Banks Lose First Match GARP.org article by Peter Hughes When the Basel Committee on Banking Supervision first mooted the setting aside of protective capital for operational risks in the late 1990s, large international banks lobbied for their...
The RASB continues to collaborate with academia, practitioners, and regulators in researching and developing next-generation OpRisk management solutions. Following our successful initial tests of the RU – the new additive metric that expresses all forms of OpRisk...