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Operational risk has become increasingly significant in the financial sector over the past two decades, despite being one of the oldest forms of risk. This report examines the evolution of operational risk, highlighting its longstanding presence in daily business operations of financial institutions, which had previously been overlooked. The analysis reflects on the growing recognition and importance of managing these risks effectively within corporate governance frameworks.
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Operational Risk. The Regulatory Requirements and Management Process, Elvira Peters
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- 2016
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