2009-02-25
Measuring Operational Risk – Myth or Reality?
The seminar is fully booked and unfortunately we can't accept any more registrations.
Finansinspektionen is pleased to invite you to a seminar on 2 April 2009 regarding the highly topical theme: Operational Risk. The objective is to enlighten – both managerial bodies and boards of directors in financial companies as well as risk managers, compliance officers, supervisors, actuaries, regulators and the financial press – on the importance of measuring and managing financial exposure towards operational risk.
All experience shows that operational losses can be tripled or more in certain business areas during financial turmoil. You can also calculate that risk transformation will lead to unpleasant and unexpected losses – credit risk transformed to operational risk and the spreading of rumours mean liquidity crisis. Problems with evaluated risk – products are not what they look like when it comes to risk – subprime vs. covered bonds.
