Operational risk events have severely impacted the development of third-party payment (TPP) platforms, and have even … led to a discussion on the operational risk capital charge settlement by relevant international regulators. However, prior … studies have mostly focused on qualitative mechanism analysis, and have rarely examined quantitative risk assessment based on …

Integrated risk management means the comprehensive and effective management all significant risks (affecting the bank …'s activities) and their interrelation, including building a corporate culture of risk management and integrating risk management … regulators. In the context of economic crises and sanctions, the role of effective risk management in banks is significantly …

damage on average. Numerical experiments suggest the dependence aspect is important and can alter final risk estimates by as …