The Scenarios Working Group sessions held in May tackled two topics raised by subscribers:
-
How boundary risk events are treated in operational risk scenario work, including their identification and development and how relevant scenario outputs are used
-
Current industry good practice for refreshing scenarios, particularly the frequency and scope of refreshes and the stakeholders involved in the process
In this blog, we summarise the key discussion points, current industry practices, and common themes and developments highlighted across both sessions.
trueThis blog is only available to ORX Scenarios subscribers
Want to read this blog?
If your firm is an ORX Scenarios subscriber, log in or create a website account to read this blog.
Not an ORX Scenarios subscriber? Talk to us today to discuss how you could join the ORX community.
