O'Reilly logo

The Operational Risk Handbook for Financial Companies: A guide to the new world of performance-oriented operational risk by Brian Barnier

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

4.2. Your Questions for the Board of Directors

The board of directors both represents the shareholders and is legally responsible to regulators. They have the ability to provide clarity and focus as part of their oversight role. To do this effectively, boards must have breadth and depth of knowledge, as well as sufficient time to get further educated. Then they need to engage with management to provide the needed policy and direction.

To have a smoothly running operational-risk machine that is reducing risk to performance (and complying), the board members, business leaders, risk and operational-risk leaders must all have the education, knowledge, skills, tools and time to engage in the endeavor. Yet too often too many of these ingredients ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required