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PS142_2: Building a framework for operational risk management: the FSA’s observations – Feedback on industry practice as we prepare to implement CP142

This Policy statement reports on the main issues arising from Consultation paper 142 (‘Operational risk systems and controls’) published in July 2002. It can be found at http://www.fsa.gov.uk/Pages/Library/Policy/Policy/2003/PS142_2.shtml.