ORX News top 5 operational risk losses of May 2023 and part one of the challenges firms are facing when implementing their risk management framework

Listen to this episode of the ORX Operational Risk Podcast to hear the ORX News team cover the five largest operational risk losses of May 2023 and part one of a two-part series covering the challenges surrounding the three lines of defence model, governance, and risk culture, all stemming from the launch of ORX’s Risk Management Working Group – illustrating some of the main discussion points with relevant news stories.

You can find the top 5 operational risk losses discussed in this episode, along with all previous top 5s, on our website at: https://managingrisktogether.orx.org/orx-news/top-5-orx-news-losses-q2-2023

ORX News subscribers can read more on the stories covered in this episode via the ORX News website at: https://news.orx.org/node/11309, https://news.orx.org/node/11585, https://news.orx.org/node/11737, https://news.orx.org/node/11563 and https://news.orx.org/node/11743 

ORX members can also find out more about our Risk Management Community and Working Group on our member-only website here: https://members.orx.org/communities-groups/risk-management-community

Please note that there is another episode of the ORX Operational Risk Podcast this month, which covers some of the key learnings from our recent work on stress testing conducted for the ORX Analytics Community – so make sure to give that a listen too!

To find out more about ORX News, ORX Membership, and access other operational risk resources, just search ‘ORX’ or visit: www.orx.org