Chapter 3 Flashcards

1
Q
BASEL - Definition of Op risk
P
I
S
E
A
Loss resulting from inadequate or failed
People
Internal process
Systems
External events
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2
Q
People Risk
C
R
I
M
P
A
Competence
Reward
Integrity
Motivation
Purpose
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3
Q

Managing People Risk
S
E
A

A

Supportive
Educational
Administrative

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