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TPL-070RegisterOperational risk

Operational risk taxonomy

Seven Basel categories crossed with four root causes.

The two-axis taxonomy: event type for regulatory reporting and external comparison, root cause for action. Each category is broken into sub-categories with concrete examples drawn from practice.

How to use it

  • Classify every loss on both axes
  • Do not create an "other" category: it absorbs everything
  • Check consistency with the consortium database used

Courses that use it

OP-101

Operational Risk Fundamentals

Related templates

TPL-011

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TPL-071

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TPL-072

RCSA self-assessment kit

Facilitation guide, thought-provoking questions, control effectiveness grid.

TPL-073

Loss data collection database

Six indispensable fields, including the occurrence-to-detection gap.