Financial institutions manage operational risk by carrying out the activities required by regulation, such as … types and descriptions. In recent years, operational risk functions have been required to go beyond their regulatory tasks … to proactively manage the operational risk, preventing or mitigating its impact. As OpRisk databases also contain event …

Operational risk events have severely impacted the development of third-party payment (TPP) platforms, and have even … led to a discussion on the operational risk capital charge settlement by relevant international regulators. However, prior … actual operational risk events. Therefore, this study attempts to assess the operational risk on TPP platforms in China by …

Purpose - Due to increase in operational risk, banks are facing huge losses. In order to avoid losses, banks need to … manage operational risk. This study aims to analyze the impact of operational risk management (ORM) processes, which include … effective ORM practices. Design/methodology/approach - Operational risk management processes are used to manage operational risk …