Question 1
We live in an environment of increased accountability due to historical financial crises.
- What possible effects might rating agencies, regulators, and government officials have on risk management in the next 10 years?
- How might boards and senior executives be affected by these changes in risk management?
Question 2
How would you describe the risk management process? How would the riskmanagement process be different and what parts are the same whenevaluating people risks, financial risks, and operational risks?
Question 3
Banks employ various techniques to safeguard against operational riskssuch as bank robberies and white-collar crimes. What other operationalrisks must banks guard against? How do banks guard against these risks?
