The three lines of defence is a risk governance framework that splits responsibility for operational risk management across three functions. Individuals in the first line own and manage risk directly.

This dynamic course provides a step-by-step guide to effectively embedding ESG into the op risk framework, building on existing tools ... insights into how other organisations approach ESG risk ...

Without a strong risk management strategy, businesses can experience financial losses, legal issues, and security breaches.

he Reserve Bank of India (RBI) on Tuesday updated its “guidance note” on lenders’ operational risk management structure, bringing more lenders such as non-banking financial companies (NBFCs ...

Banks, the BSP stressed, must implement an effective operational risk management framework as part of their overall system to identify, assess, monitor, and control or mitigate operational risk.