This is the first international cooperation workshop organised by Bank of Italy.
The workshop aims at sharing the practical experience that Bank of Italy has gained in managing operational risks (ORM). The framework includes risks arising from each business process and also covers horizontal issues. A separate framework for Business Continuity Management (BCM) is also in place.
The workshop consists of interactive presentations by experts in charge of managing both frameworks. Attention will be given to central bank-specific issues rather than standard risk management methodologies.
Participants are representatives from central banks of new EU member states, EU candidates and potential candidates, countries included in the EU neighbourhood policy and other emerging economies.
Participation is by invitation only and is reserved to central banks.