Operational Resilience: Impact Tolerance For Important Business Services (FRM Part 2-Book 3-Ch25)

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0:00 Introduction and Learning Objectives
After completing this reading, you should be able to:
7:34 - Describe an impact tolerance; explain best practices and potential benefits for establishing the impact tolerance for a business service.
17:14 - Provide and explain criteria that firms should use to determine their important business services.
25:19 - Describe the governance of an operational resilience policy, including the relationships between operational resilience and a firm's risk appetite, impact tolerance, continuity planning, and outsourcing to third-party providers.