Reputation Risk Management in BankingReputation risk management in banking has been prominence topic for the past decades. It has become increasingly important to quantify, manage, and evaluate the impact of operational risk in the economics of banking. Risk embedded in all the banking activities and can take various forms. For examples, it could involve individuals (human error or fraud), technique failures (interruptions in systems or technology), and internal process failures. All these will result in unexpected and substantial losses to the bank institution.
In analyzing the operation management, all banks had a well-defined risk management structure and policed. Below are the highlights of potential operational risks that each bank concerns and what operational risk strategy they had put to migrate them.
ABC has not experienced reputation risk. They had established a governance model that encompasses the organizational roles and responsibilities for a coordinated enterprise approach for the management of risk. They have l Risk Framework, which sets out the processes to identify, assess and monitor risk. They are proactively identifying and investigate corporate insurance opportunities to mitigate and reduce potential future impacts of operational risk. They had taken serious consideration on decisions between risk and reward and striking the balance between accepting potential losses versus incurring costs of mitigation. Operational risk appetite had established at the board level and cascaded throughout all the business segments to support proactive management of operational risk and transparency of risk exposures.
Sustainable growth in Canada’s credit rating
(1) The federal government of Canada is providing funding to build the Transatlantic Trade and Investment Partnership (TTIP), a U.S. plan aimed at increasing investment in both trade by 12 per cent and investment in the Canadian industry by 7 per cent for a decade. Canada will also receive the National Highway Traffic Safety Administration (NHTSA) award awarded to participate in the TTTIP contract in the form of an intergovernmental agreement. The funding support will, in addition to the proposed U.S. contract, provide critical infrastructure development, support for innovation and the development of a global economy, including the development of a new infrastructure for national infrastructure.
(2) These financial programs will support increased investment in business innovation and economic growth, economic growth, jobs, and economic growth in every sector of the economy. And we will invest on the new Transatlantic Trade and Investment Partnership, which will provide a new set of rules and regulations, and strengthen Canada’s international relations through a series of new regulations and new opportunities to promote trade, commerce and the growth of Canadian industries.
Sustainable growth in the Canadian economy by 2050
(3) The financial support provided under this plan will help further progress internationally, in the areas of innovation and economic growth of Canada and in international trade. We will increase our competitiveness and our competitiveness in supporting the expansion of international trade from the current six countries, by strengthening our exports and international investment and a diversified international portfolio, as well as our export competitiveness. We will further strengthen our manufacturing sector by strengthening exports and international investment through new investments to new sectors in the automotive sector.
(4) The federal government of Canada is funding the Transatlantic Trade and Investment Partnership (TTIP) through a set of international assistance programmes, including the United States Development Goals. We are making positive progress on establishing an International Commission of National Economic Ministers that shall be formed to lead the development of our economic policy toward a sustainable economic system. The Commission shall provide the Minister with guidance in achieving global economic action through the adoption of our Trade Action Plan and the implementation of our National Investment Strategy.
Sustainable development in our economy by 2030
(5) Canadians will have the greatest chance to be as highly educated and productive as possible around the world. We encourage Canadian businesses to invest in new jobs and innovative solutions. A strong trade balance between Canada and the United States will help our economy grow.
In addition to the financial supports provided under this plan, Canada invests in Canada’s infrastructure, innovation and research so that it can become the global leader in low cost, accessible and high speed Internet, connected high mobility and wireless and communications, and transportation. We also have a working relationship with the State Department in promoting infrastructure, research and technology use in the United States.
Business opportunities of all sectors of the Canadian economy
(6) In all sectors of the Canadian economy, increasing business and growth will be driven by an increasing amount of economic opportunities for Canadians. Canadians will be able to participate in the development of Canadian businesses to meet growing needs and to compete with foreign competitors, and to enhance Canada’s competitiveness. By providing financial assistance (including tax credits) to Canadian businesses through Transatlantic Trade and Investment Partnership, Canada will be able to support the development of Canadian companies in an effective way to reach and maintain its economic competitiveness in relation to other global regions.
G
Sustainable growth in Canada’s credit rating
(1) The federal government of Canada is providing funding to build the Transatlantic Trade and Investment Partnership (TTIP), a U.S. plan aimed at increasing investment in both trade by 12 per cent and investment in the Canadian industry by 7 per cent for a decade. Canada will also receive the National Highway Traffic Safety Administration (NHTSA) award awarded to participate in the TTTIP contract in the form of an intergovernmental agreement. The funding support will, in addition to the proposed U.S. contract, provide critical infrastructure development, support for innovation and the development of a global economy, including the development of a new infrastructure for national infrastructure.
(2) These financial programs will support increased investment in business innovation and economic growth, economic growth, jobs, and economic growth in every sector of the economy. And we will invest on the new Transatlantic Trade and Investment Partnership, which will provide a new set of rules and regulations, and strengthen Canada’s international relations through a series of new regulations and new opportunities to promote trade, commerce and the growth of Canadian industries.
Sustainable growth in the Canadian economy by 2050
(3) The financial support provided under this plan will help further progress internationally, in the areas of innovation and economic growth of Canada and in international trade. We will increase our competitiveness and our competitiveness in supporting the expansion of international trade from the current six countries, by strengthening our exports and international investment and a diversified international portfolio, as well as our export competitiveness. We will further strengthen our manufacturing sector by strengthening exports and international investment through new investments to new sectors in the automotive sector.
(4) The federal government of Canada is funding the Transatlantic Trade and Investment Partnership (TTIP) through a set of international assistance programmes, including the United States Development Goals. We are making positive progress on establishing an International Commission of National Economic Ministers that shall be formed to lead the development of our economic policy toward a sustainable economic system. The Commission shall provide the Minister with guidance in achieving global economic action through the adoption of our Trade Action Plan and the implementation of our National Investment Strategy.
Sustainable development in our economy by 2030
(5) Canadians will have the greatest chance to be as highly educated and productive as possible around the world. We encourage Canadian businesses to invest in new jobs and innovative solutions. A strong trade balance between Canada and the United States will help our economy grow.
In addition to the financial supports provided under this plan, Canada invests in Canada’s infrastructure, innovation and research so that it can become the global leader in low cost, accessible and high speed Internet, connected high mobility and wireless and communications, and transportation. We also have a working relationship with the State Department in promoting infrastructure, research and technology use in the United States.
Business opportunities of all sectors of the Canadian economy
(6) In all sectors of the Canadian economy, increasing business and growth will be driven by an increasing amount of economic opportunities for Canadians. Canadians will be able to participate in the development of Canadian businesses to meet growing needs and to compete with foreign competitors, and to enhance Canada’s competitiveness. By providing financial assistance (including tax credits) to Canadian businesses through Transatlantic Trade and Investment Partnership, Canada will be able to support the development of Canadian companies in an effective way to reach and maintain its economic competitiveness in relation to other global regions.
G
They had gained approval to use the Advanced Approach to manage operational risk. In order to embedded the risk culture embedded across the enterprise, they design a rotation program of more than 300 employees and executives across risk management and the operating groups. They had identified the risk of operational exposure not only cost potential losses