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B01: Using operational risk to deliver shareholder value and meet regulatory expectations
Document description
Using operational risk to deliver shareholder value and meet regulatory expectations. This will cover:
- regulatory objectives versus shareholder objectives
- where operational risk can be used to deliver shareholder value, including 'Use Test'
- developing the metrics to effectively measure 'operational risk'
- building and calibrating an operational risk model
- using insurance to optimise the financial of operational risk capital from a business unit and group perspective.