Beyond Basel II - operational risk management comes of age

Integrated, enterprise-wide, operational risk management can offer much more than just regulatory compliance.

Banks can gain far more from managing their operational risks properly than simply satisfying the demands of global banking regulators.

Efficient, integrated, enterprise-wide management of the risk of loss from such operational hazards as fraud, technology failure and trade settlement errors, will ensure better value for a bank's shareholders by reducing earnings volatility and promoting the efficient use of capital resources.

Any cuts in capital charges against operational risk required by

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