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Non-financial risks (NFR) are all of the risks which are not covered by traditional financial risk management. This negative definition resembles the initial definition of operational risk, and it depends on the bank or cooperation whether or not they use the term operational risk synchronously with NFR. Since 2019, the new term NFR became popular in the risk management sector

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  • Non-financial risks (NFR) are all of the risks which are not covered by traditional financial risk management. This negative definition resembles the initial definition of operational risk, and it depends on the bank or cooperation whether or not they use the term operational risk synchronously with NFR. Since 2019, the new term NFR became popular in the risk management sector (en)
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  • Non-financial risks (NFR) are all of the risks which are not covered by traditional financial risk management. This negative definition resembles the initial definition of operational risk, and it depends on the bank or cooperation whether or not they use the term operational risk synchronously with NFR. Since 2019, the new term NFR became popular in the risk management sector (en)
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  • Non-financial risk (en)
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