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Ten Laws of Operational Risk: Understanding its Behaviours to Improve its Management
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TEN LAWS OF OPERATIONAL RISK
Unlike credit and market risk, operational risk currently lacks an overarching theory to explain how and why losses occur. As a result, operational risk managers have been forced to use unsatisfactory tools and processes that fail to add sufficient commercial value.
In Ten Laws of Operational Risk: Understanding its Behaviours to Improve its Management, Michael Grimwade delivers an insightful discussion of the nature of operational risk and a groundbreaking rede...
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