Juan Pablo Calle

Risk appetite refers to the amount of risk that an organization is willing to take in order to achieve its strategic objectives. Find out why it is important here. In risk management, risk appetite is the first thing to be …

These are some of the good practices used by financial entities to prevent the risk of money laundering and terrorism financing. Controls to prevent and detect money laundering and terrorism financing are becoming increasingly stronger. This is clearly a global …

In this article, we explain the different approaches to measuring operational risk in an organization. See what they are! According to the Basel Committee, there are three ways to measure operational risk: the basic indicator approach (BIA), the standard approach …

Find out the minimum requirements for developing a risk management policy to help guide the process. In this article, we explain them to you. When you start to manage risk, you sometimes do not know what the starting point is …

Understanding the components of a company's internal control will allow you to effectively design, implement and operate controls in your business processes. Here we explain each one. Internal control environment The internal control structure of a company begins by establishing …

Here are the main operational risk factors to keep you alert and know how to avoid them. Operational risk is the possibility of losses occurring as a result of a failure, deficiency or inadequacy of internal processes, people, systems or …