In short, third-party risk in banking and fintech is the risk that a bank or fintech’s reliance on external parties — vendors ...

Teck Resources merger with Anglo American appears increasingly likely to complete, as no rival bids have emerged. Read more on TECK & NGLOY stock here.

With more than four decades of experience in delivering data and technology solutions to financial entities and professionals across the globe, Bloomberg is known for setting a high standard of ...

Every major decision in care delivery involves a working definition of patient risk. That definition determines who receives early outreach, which services move to the front of the line, how clinical ...

An operational definition explains what a concept means in practical, measurable terms. It makes abstract or vague ideas concrete so that people are more likely to understand them in the same way and ...

Refining requirements is an important part of building quality into your software. Tom Gilb wrote that “over 60 per cent of the bugs which will occur in your operational software will be there before ...

Final draft RTS on establishing a risk taxonomy on operational risk that complies with international standards and a methodology to classify the loss events included in the loss data set based on that ...

The European Banking Authority has published three final draft regulatory technical standards (RTS) detailing how EU banks must record, calculate, and adjust operational risk losses under the new EU ...

LONDON, Aug 1 (Reuters) - Britain's online safety law risks suppressing free speech due to its heavy-handed enforcement, social media site X said on Friday, adding that significant changes were needed ...

Technological breakthroughs and data availability continue to transform the relatively new field of operational risk management (ORM), which the Basel III framework defines as “the risk of loss ...