This article aims at critical analysis of the M Recommendation which is related to the operational risk management in banks. Such risk may consist of four factors: human errors, system errors, process defi ciencies as well as external infl uence. To exemplify the results of wrong risk management, some bank bankruptcy together with the scale of internal and external fraud have been presented
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.