Financial risk management in Banking

Credit risk is only one of the many forms of risk a bank faces in its daily operations. Until recently, it could be asserted that banking regulation was focused only on credit risk with limited emphasis on other forms of risk.Requirement:
Identify and explain the nature and significance of the various forms of risk that banks face. In addition, consider and critically evaluate the view that regulators
have focused only on credit risk. Draw conclusions as to how regulators might expand the regulations to take account of other forms of risk.

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