E-viri
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Girling, Philippa X
Operational Risk Management, 2013, 2013-10-02Book Chapter
The risk appetite element of the operational risk framework is the glue that holds the framework together, but there is little guidance on it in the original Basel II documents. Regulators have recently provided further guidance that makes it clear that the board of directors, senior management and the businesses all have roles to play in setting and managing operational risk appetite. There is a wide range of practice in implementing risk appetite frameworks today.
