top of page
Rechercher
  • Photo du rédacteurHélène Dufour

The information value of past losses in operational risk

"We show that past #operationalrisk losses are informative of future losses, even after controlling for a wide range of financial characteristics. We propose that the information provided by past losses results from their capturing hard-to-quantify factors such as the quality of operational risk controls, the #riskculture and the #riskappetite of the #bank."


0 vue0 commentaire

Posts récents

Voir tout

Will A Cybersecurity Safe Harbor Raise All Boats?

“Using cybersecurity certification as the basis for providing a complete defense to liability may not prevent every harm from occurring. However, if organizations invest in certification to avoid lega

bottom of page