The Basel Committee Perspective on Operational Risk
In this video, Peter covers every aspect of Operational Risk - how to manage it, the Basel II approaches and what might the future looks like.
Overview
Operational risk is the risk outside of the markets and economy that exists within a bank. The standards set by the Basel Committees set regulation on how to mitigate this internal operational risk. Although difficult to predict and model, Basel works to make identifying operational risk simple.
Key learning objectives:
Describe operational risk
List the categories and business lines subject to operational risk
Explain the approaches taken to mitigate risk
Summary
Expert
Peter Eisenhardt
Peter has over 30 years experience working in banking. He has held several senior positions in international investment banks. Peter is now the Secretary General of the International Council of Securities Associations
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