What Risks Are Important? Survey Results (Download)

Review the results of RMA's third Operational Risk Survey

What Risks Are Important? RMA presents the summary from our July 2006 short survey on Risk Importance. Sixty-one RMA member and nonmember institutions took part; 60 from North America and one from Africa. The results were broken out by geographic area and asset size with respondents ranging from under $500 million in assets to over $10 billion.

Key Areas of the Survey

Reviewing the results of this survey will allow you to compare your experiences to those of your peers about the following:

• The ranking risk categories by importance.
• The ranking of importance of specific risks in each risk category.
• The analysis of risk importance by bank asset size.

Key Findings

• The most important risk categories are compliance and customer risks.
• The most important risk in all risk categories is the privacy of customer data violation.
• The least important risk in all risk categories are Tell/Vault Shortage and Market order routing error.