outsourcing-risk

Learning objectives: Explain how risks can arise through outsourcing activities to third-party service providers, and describe elements of an effective program to manage outsourcing risk. Explain how financial institutions should perform due diligence on third-party service providers. Describe...

Learning objectives: Describe tools and processes that can be used to identify and assess operational risk. Describe features of an effective control environment and identify specific controls that should be in place to address operational risk. Explain the Basel Committee’s suggestions for...