risk
Negligent advisory activities and breach of duty of care
Losses from disputes over M&A, structuring, financial-planning, or hedging advice where the firm has a duty of care — including failure to advise clients of material risks in recommended transactions.
Record JSON · Open in map · Data retrieval guide
Catalog revision: 24028ffcfc2b295fa1b08ee6caa84b765f0731b321496bf4f548c49ad2177028. A connection does not establish full coverage.
Attributes
- category
- operational
- domain
- Risk Assessment & Management
- Compliance, Audit & Assurance
- taxonomy
- basel-operational-risk
- inherent_rating
- medium
Details
- risk_id
- ops-advisory-duty-of-care
- category
- operational
- likelihood
- low
- impact
- medium
- inherent_rating
- medium
- treatment
- mitigate
- taxonomies
- basel-operational-risk
Source
No record-specific source URL is provided.
Connections
- UC-AUDIT-20 — Obtain external quality assessments of internal audit mitigates Negligent advisory activities and breach of duty of care
- strength
- related
- rationale
- UC-AUDIT-01 — Maintain an independent internal audit function mitigates Negligent advisory activities and breach of duty of care
- strength
- related
- rationale