Basel Archives - Riskope

Can we quantify reputational risk? Basel Committee is getting close to asking this.

quantify reputational risk The Basel Committee is getting closer to asking firms to try to quantify reputational risk and at Riskope we consider it absolutely feasible. Indeed, in the probability-cost of consequence plot (i.e. the “risk space”) reputational risks can be easily added (they come as costs multipliers). These two presentations: Pres1 and Pres2 contain information from our courses and book related to adding reputational components to standard risk assessments and risk based decision making. This type of analyses can…