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Operational Risk in the Spotlight, Four Trends Making Operational Risk a Top Priority for Banks

Publicatie 21/03/2016 KPMG - Audit committee challenges and priorities - 2017 Global Audit Committee Pulse Survey.pdf
Operational Risk in the Spotlight, Four Trends Making Operational Risk a Top Priority for Banks

Mitigating operational risk is becoming a priority for banks that want to avoid penalties, reduce the likelihood of regulatory investigations and rebuild tarnished reputations. That’s prompting a step-change in the way operational risk is viewed and managed – moving away from a siloed, backward-looking approach, and towards a culture in which operational risk is managed proactively, strategically and on an organization-wide basis.