, RSK2602 Assignment 1 (COMPLETE ANSWERS)
Semester 1 2025 - DUE 20 March 2025; 100% TRUSTED
Complete, trusted solutions and explanations….,WE WISH
YOU ALL THE BEST
All questions answered.
Evaluate the accuracy of each of the following statements.
Indicate whether you consider the statement accurate (true) or
not (false) and provide a full motivation for your answer.
2.1 Operational risk is speculative in nature.
2.2 Where a bank is unable to meet unexpected demands for
cash, it means that the bank is illiquid and insolvent.
2.3 The three pillars of operational risk management and
corporate governance in terms of the new Basel Accord are
regulation, supervision and control.
2.4 Speculators in the financial markets normally have an
indifferent attitude towards risk.
2.5 In terms of good corporate governance, the risk committee
should be responsible for determining the levels of risk tolerance
for the organisation.
2.6 Operati
2.7 The investment in preventative controls can be considered as
an upside of operational risk.
2.8 A hybrid approach to risk measurement is the preferred
approach and provides a more realistic reflection of reality.
Semester 1 2025 - DUE 20 March 2025; 100% TRUSTED
Complete, trusted solutions and explanations….,WE WISH
YOU ALL THE BEST
All questions answered.
Evaluate the accuracy of each of the following statements.
Indicate whether you consider the statement accurate (true) or
not (false) and provide a full motivation for your answer.
2.1 Operational risk is speculative in nature.
2.2 Where a bank is unable to meet unexpected demands for
cash, it means that the bank is illiquid and insolvent.
2.3 The three pillars of operational risk management and
corporate governance in terms of the new Basel Accord are
regulation, supervision and control.
2.4 Speculators in the financial markets normally have an
indifferent attitude towards risk.
2.5 In terms of good corporate governance, the risk committee
should be responsible for determining the levels of risk tolerance
for the organisation.
2.6 Operati
2.7 The investment in preventative controls can be considered as
an upside of operational risk.
2.8 A hybrid approach to risk measurement is the preferred
approach and provides a more realistic reflection of reality.
