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Reputational Risk and Operational Risk - Wiley Online Library ~ Reputational risk events can arise as a result of many different causes, often involving an operational risk event. When a reputational risk event occurs there are frequently negative legal, regulatory, key person and stock price impacts. Reputational risk can be managed and measured using an adapted operational risk framework.
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Implementation of Operational Risk Management Framework ~ 2. Principles for Sound Management of Operational Risk Operational risk is inherent in the banks activities and is an important element of enterprise wide risk management system. In the past few years, significant progress has been made in the area of implementing operational risk management framework and accordingly following main