After comprehending the groupings of risks faced by the financial institutions from the various viewpoints, you are required to provide the detail of the information as stated follows:

1. Explain briefly the selected financial institution setting encompassing primary activities and the competitive environment in the banking industry.

2. Risk Identification and Analysis: Clarify the prospective risks encountered by the financial institution.

3. Risk Evaluation and Categorization:  Based on question (ii), assess and classify the risks that have been discovered into various types of risks.                    

Answer rating: 100% (QA)

Banks have been the major pillar for financing activi... View the full answer