Learning objectives: Explain the Basel regulatory expectations for the governance of an operational risk management framework. Describe and compare the roles of different committees and the board of directors in operational risk governance. Describe the “three lines of defense” model for...
Learning objectives: Explain changes in corporate risk governance that occurred as a result of the 2007-2009 financial crisis. Compare and contrast best practices in corporate governance with those of risk management. Assess the role and responsibilities of the board of directors in risk...
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