Basel Committee Principles for the Sound Management of Operational Risk

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Basel Committee Principles for the Sound Management of Operational Risk

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Original Source:  Basel Committee on Banking Supervision

 

In the Sound Practices for the Management and Supervision of Operational Risk (Sound Practices), published in February 2003, the Basel Committee on Banking Supervision (Committee) articulated a framework of principles for the  industry and supervisors. Subsequently, in 2006…

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