Top 5 operational risk losses and focus on 'social' in ESG
27 February 2023
About the episode
In this episode, the ORX News team take a look at the five largest operational risk losses of January 2023. In recognition of International Women’s Day on 8 March, they also focus on the 'S' (social) in ESG (Environmental, Social and Governance) by looking at materialised losses stemming from gender discrimination and sexual harassment in the workplace.
Finally, they do a brief look into which controls may have failed and ultimately led to regulatory fines and settlements from the recently published ORX Reference Control Library.
Listen to the episode for more insights
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ORX Reference Control Library
The ORX Reference Control Library provides a framework of the most commonly used control types in operational risk. It's backed by data from almost 50 financial firms.
Top 5 ORX News Losses: Q1 2023
Read the top five operational risk losses discussed by the ORX News team in this episode of the ORX Operational Risk Podcast.
ORX News is an industry-leading provider of publicly reported operational risk loss events from around the world, specifically covering the financial sector.