An error by a third party service provider results in a loss to a client...

PRMIA 8010 Question Answer

An error by a third party service provider results in a loss to a client that the bank has to make up. Such as loss would be categorized per Basel IIoperational risk categories as:

Execution delivery and process management

Outsourcing loss

Business disruption and process failure

Abnormal loss

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PRMIA 8010 Summary

Vendor: PRMIA
Product: 8010
Update on: Jul 29, 2025
Questions: 240

Price: $52.5 ~~$149.99~~

Which of the following statements are true ?

For a hypotherical UoM, the number of losses in two non-overlapping datasets is 24 and...

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An error by a third party service provider results in a loss to a client...

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