Define operational risk, Business Management

Assignment Help:

QUESTION

Globalization and deregulation in financial markets, combined with increased sophistication in financial technology, have introduced more complexities into the activities of banks and therefore their risk profiles. These reasons underscore bank's and supervisor's growing focus upon the identification and measurement of operational risk.

a) Define Operational risk.

b) Give two examples of operational risk associated with e-banking and explain how each could be manifested.

c) How can e-banking increase the level of operational risk for a financial institution?

d) How can a financial institution control operational risks?


Related Discussions:- Define operational risk

What are the sustainable development actions, Maurice Ile Durable was first...

Maurice Ile Durable was first announced by the Prime Minister as a long term vision aimed at promoting sustainable development. The main thrust of the project Mauritius Ile Durable

The definition of learning organizations, QUESTION 5 Identify and descr...

QUESTION 5 Identify and describe carefully, with reference to the definition of learning organizations, the communicative competencies managers need to acquire in organizations

E commerce, explain the generic framework of ecommerce with diagram

explain the generic framework of ecommerce with diagram

Explain the hawthorne studies carried out by elton mayo, QUESTION There...

QUESTION There is no one specific method of categorizing organization theorists. However, it is generally accepted that- (a) The Type 1 theorists, also known as the classica

Naughty Rule, Ask question “Naughty Rule”#Minimum 100 words accepted#

Ask question “Naughty Rule”#Minimum 100 words accepted#

Implementation of a formalised structure for an ems, The case study which f...

The case study which follows is based on an Environmental Management System (EMS). Read it carefully and then answer the short structured questions that follow: Vondax Manufactu

Preparation of maintenance request, The maintenance report is simply a ...

The maintenance report is simply a document or various maintenance suggestion and recommendations given by the inspection report. The suggestion and recommendation s give

What are the functions of the upper middle management, What are the functio...

What are the functions of the upper middle management? Upper middle management: This includes Sales executive (Manager), Finance executive, Production executive and R and

Why management might choose a direct approach, Explain the reasons why mana...

Explain the reasons why management might choose a direct approach to a system changeover in preference to other alternatives (such as phased, parallel running or pilot schemes).

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd