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Podcast

EBA Risk Event Taxonomy – What it means for financial institutions

9 December 2025

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About the episode

In this episode of the ORX Operational Risk Podcast, host Steve Bishop is joined by Luke Carrivick and John Bosnell to unpack the European Banking Authority’s (EBA) newly published Operational Risk Event Taxonomy. They explore why this update is so significant for financial institutions and how it compares to our own ORX Operational Risk Taxonomy

The episode highlights ORX’s role in shaping the taxonomy, the practical implications for firms already using our taxonomy, and how new attributes like legal, third party, and ESG risks enhance risk categorisation.

Topics covered: 

  • Challenges and opportunities of the EBA taxonomy
  • How ORX responded to the new EBA
  • Practical advice for firms preparing for the transition 
  • Ongoing ORX risk standards for the global industry, including for 2026

Episode resources:

EBA resource - available to all:
EBA and Taxonomy resources - available for ORX members:

Listen to the full episode to learn more

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Podcast Base 2025 ORX Regulation

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