The ORRF Risk Research Forum a forum on risk research organised by the ORRF, a recognised internationally as a leading risk research foundation. It was established, in April 1999, as an independent think tank, with tacit support from the Financial Services Authority (FSA) and the

Science Research Council The Science and Engineering Research Council (SERC) and its predecessor the Science Research Council (SRC) were the UK agencies in charge of publicly funded scientific and engineering research activities, including astronomy, biotechnology and bi ...

. ORRF's aim is to drive forward the boundaries of knowledge in the field of risk, with a view to improving performance, enhancing resilience, and increasing transparency (which promotes market forces and acts as a barrier to fraud,

corruption Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption m ...

, and financial crimes). Research and publications by ORRF have won international acclaim. ORRF has held forum events on leading-edge issues in collaboration with the

Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government o ...

, the FSA, BaFin, the OCC, the

New York State Banking Department The New York State Banking Department was created by the New York Legislature on April 15, 1851, with a chief officer to be known as the Superintendent. The New York State Banking Department was the oldest bank regulatory agency in the United States ...

, the Dutch National Bank and professional bodies such as the

British Bankers' Association The British Bankers' Association (BBA) was a trade association for the UK banking and financial services sector. From 1 July 2017, it was merged into UK Finance. It represented members from a wide range of banking and financial services. The ass ...

, ISDA, the

Institute of Actuaries The Institute of Actuaries was one of the two professional bodies which represented actuaries in the United Kingdom. The institute was based in England, while the other body, the Faculty of Actuaries, was based in Scotland. While the Institute and ...

, the Securities & Investment Institute, and many others. ORRF established the Institute of Operational Risk (IOR), in 2004, to disseminate research findings and promote leading-edge thinking amongst practitioners, with the aim of raising professional standards. ORRF received support from

Cambridge University , mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Schola ...

Judge Institute Cambridge Judge Business School is the business school of the University of Cambridge. The School is a provider of management education. It is named after Sir Paul Judge, a founding benefactor of the school. The School is considered to be par ...

, BaFin, ISDA, and the Financial Services National Training Organization (FSNTO). Membership of ORRF is by invitation only, with its members being regarded as leading experts and key opinion formers in their field. Membership is primarily drawn from

academia An academy (Attic Greek: Ἀκαδήμεια; Koine Greek Ἀκαδημία) is an institution of secondary or tertiary higher learning (and generally also research or honorary membership). The name traces back to Plato's school of philosophy ...

, regulatory bodies, professional institutes, rating agencies, and major financial services firms. The chairman of ORRF i
Professor Brendon Young

References

External links

*Financial Reporting Council; Board of Actuarial Standards; Modelling Consultation Paper; November 2008

*

Moody's Analytics Moody's Analytics is a subsidiary of Moody's Corporation established in 2007 to focus on non-rating activities, separate from Moody's Investors Service. It provides economic research regarding risk, performance and financial modeling, as well as ...

Framework for Operational Risk Management of Banks; 2003

*Jobst, Andreas A.; International Monetary Fund - Monetary and Capital Markets Department; ‘Constraints of Consistent Operational Risk Measurement and Regulation: Data Collection and Loss Reporting’; Journal of Financial Regulation and Compliance; 2007. {{DEFAULTSORT:Orrf Risk Research Forum Financial risk