Op risk loss database consortium for insurers publishes scenario benchmarks
Rumours that regulators will be recalibrating the TSA betas have been proven true
In the oil and gas industry, there's a lot to lose if operational risk management isn't top notch - lives are at stake. Financial services firms would do well to imbue their op risk frameworks with the same sense of significance, says Victoria Pennington
A brief video from editor Victoria Pennington outlining the benefits of the new home online for OpRisk & Compliance
A new OR&C Intelligence Survey shows that, as profits fall and levels of fraud increase, financial institutions are working hard to adopt an enterprise-wide approach to fraud management. Victoria Pennington assesses the results
Nobody likes change. And it is difficult at the moment to predict where the US is heading next on the regulatory front. But having an enterprise risk management system in place will help banks face the coming market and regulatory challenges. Victoria...
Patricia Jalleh, head of group operational risk at United Overseas Bank Group, says that to achieve a robust op risk framework, a risk culture must be well and truly embedded within the firm. And no risk culture is perfect - it's a matter of constantly...
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