The Basel Committee on Banking Supervision, or BCBS, defines operational risk as: "…the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events." 
 
Listen to this podcast to learn more about operational risk.

The Basel Committee on Banking Supervision, or BCBS, defines operational risk as: "…the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events." Listen to this podcast to learn more about operational risk.

What is operational risk?

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What is operational risk?

What is operational risk?