Financial Risk

Refreshed January 2025 | CPD time: 45 Minutes

A financial risk can be described as an element of uncertainty affecting financial decisions or actions that, should it materialise, poses a threat of a financial loss to some degree. The exposure to a risk is determined by the probability of a risk event materialising and the magnitude of any associated financial loss. This module provides an understanding of financial risk, the key risk categories, risk in the financial services and how it’s managed, risk appetite, fraud and theft, information security, and business continuity.