Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. In debt management operations, the categories of risks, such as market risk, credit risk, refinancing risk and liquidity risk, are relatively well known; however operational risk is not. The area has not been given due attention to by government debt managers in developing a risk management framework...
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INFORMATION
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2010/03/01
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Document de travail
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60359
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1
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1
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2011/03/23
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Disclosed
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Guidance for operational risk management in government debt management
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operational risk management