Operational risk means the risk of loss resulting from inadequate or failed internal processes, people and systems. Also external events (e.g. electricity blackout) are considered to fall under the heading of operational risk management. The State Treasury also maintains up-to date process workflow charts with control points to manage operational risks.
Operative risk management includes risk monitoring and assessment as well as decisions on corrective measures. The State Treasury has continuity plans to deal with potential threats to debt management processes.