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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.

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RAMP

The Institution of Civil Engineers and the Faculty and Institute of Actuaries have produced a process for risk analysis and management for projects known as RAMP. Its website is at http://www.ramprisk.com/. A simplified version of the process is described at http://www.actuaries.org.uk/Display_Page.cgi?url=/ramp/index.xml.

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Software Engineering: A Practioner’s Approach, European Adaptation

By Roger S Pressman, adapted by Daniel Ince. A comprehensive guide. Visit the book’s page at Amazon.

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Current consultations at the FSA

The FSA maintain a list of current consultation and discussion papers at http://www.fsa.gov.uk/pages/Library/Policy/CP/current/index.shtml.

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PS142: Operational risk systems and controls – Feedback on 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.shtml.