Ford, Guy; Sundmacher, Maike - Macquarie University; University of Western Sydney; … - 2004
institutions over this time have been sourced to operational risk - and more specifically, the actions of single individuals, or … operational risk, the fact that these losses arose from inadequate and failed internal processes, systems and people classifies … them as operational risk-related from the perspective of bank regulators. In this paper we compare and contrast the factors …