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What is the best practice applied in Banking Industry of coordination between Operations Risk & Internal Audit?

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Question added by Mamdouh Amer , Senior General Manager , The United Bank
Date Posted: 2014/02/28
Fayjuj zaman
by Fayjuj zaman , Head Of Internal Audit , BBS Cables Ltd

Banks should develop, implement and maintain a Framework that is

fully integrated into the bank’s overall risk management processes. The Framework for operational risk management chosen by an individual bank will depend on a range of factors, including its nature, size, complexity and risk profile.

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