A risk event with financial impact, either positive or negative. In non-financial risk management (NFRM), a loss event could either have a real or potential financial impact on an organization. The impact of the event does not necessarily need to be negative in the event recorded, if it could have a negative impact if it happened again. For example, a “fat finger” trading event that results in a gain could also result in a loss if it is repeated. See Risk Event.

Popular resources

You may be interested in

Serge De Coster
News
November 7, 2022

Acin adds Chief Client Officer to industry-leading team, as data network continues to expand

Acin announced as the Best ESG risk data provider at the ESG Insight Awards
News
November 1, 2022

Acin announced as the Best ESG risk data provider at the ESG Insight Awards

News
2 mins reading time

Acin wins Risk.net’s OpRisk Innovation of the Year, for second year in a row

Discover more