Reputation risk definition
Examples of Reputation risk in a sentence
Reputation risk may arise as a result of a contagion event or as a result of our own actions.
Reputation risk is the risk that an action or inaction may negatively impact perception of the Firm's integrity and reduce confidence in the Firm's competence by various constituents, including clients, counterparties, customers, investors, regulators, employees, communities or the broader public.
Reputation risk may arise through the actions of BNZ or other financial services companies, and adversely affect perceptions of BNZ held by the public, shareholders, investors, customers, regulators and/or rating agencies.
Reputation risk issues that are deemed to be material are escalated as appropriate.
Reputation risk is the possible impact of negative stakeholder opinion of BNZ's actions, behaviour, performance and position.
Reputation risk is inherently challenging to identify, manage, and quantify.
Reputation risk is assessed and defined at the Firmwide level and is applicable to the Company.