Exchange: Operational risks in Corporates and Banks – collaboration BELRIM / PRMIA
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Exchange on the management of operational risks in Corporates and Banks – a collaboration with PRMIA (Professional Risk Managers’ International Association)
Operational risks (ORs) are a potentially fatal everyday reality for your organization and not always obvious to identify – not only in financial services but in corporates too.
The large, sudden events are the most dangerous, and it takes expertise, investment and hard, diligent work to manage them.
To motivate banks, Basel II introduced OR as a component of the minimum capital requirements in 2004 and requires less capital from well-managed banks that transition from the Basic Approach to more advanced approaches by improving the framework used to combine their own and others’ experience and expectations to facilitate appropriate actions.
How can the industry take lessons from the banking industry, and how can the banking sector learn from the approach of the industrial companies ?
During the event we will tackle the following questions:
- What does it take to properly manage your operational risks?
- What do operational risks look like for corporates?
- Are there lessons learned from the financial services area applicable to corporates and vice versa ?
Registration: 5.30 pm – 6.00 pm
Presentations: 6.00 pm – 7.30 pm
More info in this document
We thank PwC for their support in making this event possible.