HERNDON, Va.--(BUSINESS WIRE)--The Global Resilience Federation’s (GRF) Business Resilience Council (BRC) has published the Operational Resilience Framework (ORF) after more than a year of development ...

Current stress testing frameworks for operational risk often lack clarity with respect to measurement standards and the balance to be struck between systemic (macroeconomic) and idiosyncratic risk ...

HERNDON, Va.--(BUSINESS WIRE)--The Global Resilience Federation’s (GRF) Business Resilience Council (BRC), a group focused on mitigating systemic threats to business operations, launched the ...

Diverging and increasingly complex financial rule books risk turning compliance into a “minefield” for the world’s largest ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper discusses Philippines’ Summary Technical Assistance Report series that provides high-level summaries of the ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In addition to the principles for operational resilience, the Committee ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

On August 20, 2015, the Office of the Superintendent of Financial Institutions (OSFI) released Draft Guideline E-21: Operational Risk Management (Draft Guideline) for comments. With the Draft ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Monetary and Capital Markets (MCM) department delivered a hybrid technical assistance (TA) mission to assist the Bangko ...