Reputation risk definition

Reputation risk means the risk of loss of trust in the integrity of a credit institution caused by adverse public opinion on the credit institution's business practices, regardless of whether there are any grounds for such a public opinion or not;

Reputation risk any risk that could harm the reputation and standing of EVERTEC in its community as a result of unsatisfied customers, inappropriate product recommendations, disclosure of customer information, or violations of laws and regulations. • Operational risk: any risk of loss resulting from inadequate or failed internal processes, personnel, or systems, including a Service Provider’s failure to perform as expected due to reasons such as inadequate capacity, technological failure, human error or fraud.

Reputation risk means the risk that an AI’s reputation is damaged by one or more than one reputation event, as reflected from negative publicity about the AI’s business practices, conduct or financial condition. Such negative publicity, whether true or not, may impair public confidence in the AI, result in costly litigation, or lead to a decline in its customer base, business or revenue.

Examples of Reputation risk in a sentence

• Reputation risk is the risk that an action, transaction, investment, event, decision or business relationship will reduce trust in the Barclays Bank Group's integrity and competence.

• Reputation risk is the current or prospective risk to earnings and capital arising from an adverse perception of the image of the Company on the part of customers, counterparties, shareholders, investors or regulators.

• The Bank group activity involves exposure to risk, the more significant of which are:- Credit risk, including credit concentration (borrower and sectorial).- Market risks, the principal of which is interest rate risk.- Liquidity risks.- Operating risks.- Compliance and Money Laundering risks.- Strategic risk.- Reputation risk.- Legal risk.All material risks are managed by and the responsibility of appointed members of Management or senior officers.

• Reputation risk is the risk that a negative reputation, whether true or not, will cause a loss of customers, costly litigation and/or lost revenue.

• Reputation risk is the risk to earnings or capital arising from negative public opinion.

• Reputation risk could be triggered by poor performance, the loss of one or more of the Company’s key directors, the loss of large customers, poor customer service, fraud or theft, customer claims, legal action and regulatory fines.

• Reputation risk may arise through the actions of Capricorn and adversely affect the perception of Capricorn held by Members, Prospective Members, Preferred Suppliers, Regulators or other key stakeholders.

• Reputation risk is defined as the current and prospective impact on earnings and capital arising from negative public opinion which will affect the ability to establish new relationships or services or to continue servicing existing relationships.Management of reputation risk is an inherent feature of the Group’s corporate culture which is embedded as an integral part of the internal control systems.

• Reputation risk is the risk that an action, transaction, investment, event, decision or business relationship will reduce trust in the Barclays Bank Group's integrity and/or competence.

• Reputation risk is the risk that negative perception regarding the Bank’s business practices or internal controls, whether true or not, will cause a decline in the Bank’s investor base, lead to costly litigation that could have an adverse impact on liquidity or capital of the Bank.

More Definitions of Reputation risk

Reputation risk means any of the following events if reasonably be expectedto have a material adverse impact on the “namedinsured’s” reputation in its marketplace:

Reputation risk means the potential for negative publicity regarding the Ontario Curling Council (OCC), whether true or not, which could significantly harm the Council’s reputation.

Reputation risk means the potential that negative publicity regarding the business of a company, whether true or not, will cause a decline in the customer base or in revenue, or increase expenses relating to legal assistance.

Reputation risk means the risk that the Bank’s activities or practices will be judged by the public to be negative, whether that judgment is with or without basis, and will adversely affect the perception, image or trademarks of the Bank, potentially resulting in litigation or loss of income.

Reputation risk means the risk to earnings and capital arising from negative publicity regarding the business practices of the covered institution.