Operational Risk Governance: The Basel Approach

Afanasyeva, Olga and Riabichenko, Dmitry (2014): Operational Risk Governance: The Basel Approach. Published in: Problems and perspectives of Ukraine’s banking system No. 38 (2014): pp. 51-62.

Abstract

This paper analyses key documents of Basel Committee which concern operational risk governance and identifies the interconnectedness between risk source, type of the event leading to losses, loss type and its distribution by business lines. The comparative characteristic of the main operational risk governance stages is provided and the relationships between governance bodies are overviewed.

• Item Type: MPRA Paper
• Language: English
• Keywords: operational risk, corporate governance, Basel Committee on Banking Supervision, board of directors, banking
• Subjects: E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies; G - Financial Economics > G2 - Financial Institutions and Services

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