Transcription of Operational Risk - CIMA
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Operational Risk - CIMA
Operational risk Topic Gateway Series 1 Prepared by Helen Matthews and Technical Information Service September 2008 Operational Risk Topic Gateway series No. 51 Operational risk Topic Gateway Series About Topic Gateways Topic Gateways are intended as a refresher or introduction to topics of interest to CIMA members. They include a basic definition, a brief overview and a fuller explanation of practical application. Finally they signpost some further resources for detailed understanding and research. Topic Gateways are available electronically to CIMA members only in the CPD Centre on the CIMA website, along with a number of electronic resources. About the Technical Information Service CIMA supports its members and students with its Technical Information Service (TIS) for their work and CPD needs.
• business interruption • errors or omissions by employees • product failure • health and safety • failure of IT systems • fraud • loss of key people • litigation • loss of suppliers. Operational risks are generally within the control of the organisation through risk assessment and risk management practices, including internal ...
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