Integrating op risk

Him Chuan Lim, Basel II programme director at DBS Bank, talks to Ellen Davis about operational risk's complex relationship with credit risk and market risk

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Just what is operational risk? Is it truly separate from credit and market risk? Where are the boundaries? Should there be boundaries? These are the questions that Him Chuan Lim, the Basel II programme director and head of operational risk at DBS Bank in Singapore, has been asking himself over the past few months.

DBS arguably has one of the most advanced operational risk frameworks of all Asia-Pacific financial services firms. Lim's background includes a stint as an operational risk executive at

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