Which of the following is not one of the risks identified by the Federal Reserve Board?
A)Credit Risk
B)Market Risk
C)Ownership Risk
D)Reputation Risk
E)Legal Risk

Question

Quizplus · Accepted Answer

Ownership risk is not a commonly recognized risk category in banking and financial institutions. The other risks mentioned - credit risk, market risk, reputation risk, and legal risk - are all well-established risks that financial institutions must manage in order to operate effectively and safely.

Which of the Following Is Not One of the Risks