In this episode of the ORX Operational Risk Podcast, the ORX News team take a look at the five largest operational risk losses of February 2023 and discuss the key findings from the 2022 Year in Review report. They also cover the impact of trade finance fraud by looking at two separate stories reported by the ORX News team, including the recent cases involving Trafigura and HSBC.

You can find the top 5 operational risk losses discussed in this episode, along with all previous top 5s, on our website at: https://managingrisktogether.orx.org/orx-news/top-5-orx-news-losses-q1-2023

ORX News subscribers can read the full Year in Review 2022 report on the ORX News website here: https://news.orx.org/node/11565

ORX News subscribers can also read more on the stories covered in this episode via the ORX News website at: https://news.orx.org/node/11566, https://news.orx.org/node/9403 and https://news.orx.org/node/10797

Please note that we have another episode of the ORX Operational Risk Podcast being released for this month, focusing on our most recent publication for the ORX Scenarios service, the Greenwashing Scenario Development Handbook, which tackles a key industry priority on how to develop a scenario on the complex and highly topical climate change-related transition risk of greenwashing – so keep a look out for this!

To find out more about ORX News, ORX Membership, and access other operational risk resources, just search ‘ORX’ or visit: https://managingrisktogether.orx.org/