How RMA’s Surveys Advance Its AORG Efforts

A particularly active group within RMA in terms of surveys has been the Advanced Operational Risk Group (AORG). AORG was formed in 2005 as the Advanced Measurement Approaches (AMA) Group at the suggestion of senior U.S. regulators.

AORG’s focus is on advancing the operational risk measurement and management discipline. The group’s mission is (1) to foster a dialogue with the federal U.S. financial services regulatory agencies, and (2) share industry views on advanced operational r…