The Evolution of Risk Accounting Operational Risk Management Today: Insights from the McKinsey & Co. and ORX Report Operational risk management has always been a critical area of focus for banks and financial institutions, but recent years have brought heightened...
The Evolution of Risk Accounting Understanding Basel II: The Basel Committee's Challenge to Banks on Operational Risk As financial institutions grew more complex and global in the late 20th century, the Basel Committee on Banking Supervision recognized the need for a...