Operational risk: the banks and the regulators struggle
John Thirlwell
(John Thirlwell is Director of the British Bankers’ Association, London.)
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Abstract
Understanding first credit risk and the operational risk has taxed the banking industry. The author suggests that the evidence points to a lack of understanding within the banks and he argues that regulators should desist in trying to change the management practices of banks and instead encourage them to understand risk management better.
Keywords
Citation
Thirlwell, J. (2002), "Operational risk: the banks and the regulators struggle", Balance Sheet, Vol. 10 No. 2, pp. 28-31. https://doi.org/10.1108/09657960210697652
Publisher
:MCB UP Ltd
Copyright © 2002, Authors