Operational risks and local permanent controls

Carmine Candolfo, Cristiano Marcolini and Simone Pigliapoco
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Carmine Candolfo: Banca Adriatica, Gruppo UBI Banca
Cristiano Marcolini: Banca Adriatica, Gruppo UBI Banca
Simone Pigliapoco: Banca Adriatica, Gruppo UBI Banca

BANCARIA, 2017, vol. 9, 49-61

Abstract: The development, within the internal controls system, of a network-oriented operational risks’ control system has aimed to increase the quality of operational processes as a prerequisite for future cost reduction, through the integration and co-ordination of the three lines of defense framework. The results obtained have confirmed the benefits in both qualitative and economic terms

JEL-codes: G20 G31 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ban:bancar:v:9:y:2017:m:september:p:49-61

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