+198. Competent authorities should assess reputational risk jointly with operational risk as it is …

198. Competent authorities should assess reputational risk jointly with operational risk as it is …

Competent authorities should assess reputational risk jointly with operational risk as it is inherently linked to operational risk events. However, the outcome of reputational risk assessment should not be reflected in the scoring of operational risk but, where relevant, should be considered as part of the BMA and/or the liquidity risk assessment, as its main effects can deteriorate investors’, depositors’ or interbank-market participants’ confidence to the institution.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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