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💼 Surviving the Risk Jungle: A Fun Guide to Operational Risk Regulation and Governance
Imagine running a bank is like running a Jurassic Park… but instead of dinosaurs, you’re dealing with financial disasters. You need fences $($controls$)$, tranquilizers $($capital$)$, and a watchtower $($governance$)$. Enter Basel II and III – the park rangers of the financial world. 🧱 Basel’s Three Pillars: The Foundation of Risk Defense Basel’s risk regulation is…