Fixed scenarios "could be procyclical"
The news of a regulator-ordered review of RBS's lending shows that the FCA plans to tighten up oversight of treatment of small businesses as well as retail customers
Lack of leadership and job insecurity are behind widespread wrongdoing in the financial sector, seminar hears
Pickpockets or cyclists?
Latest FCA figures show first stage of mis-selling review almost finished, but payouts rising and may hit £1 billion
The primary concerns for operational risk managers in 2014 include data theft, index rigging and reputational risk, but many have one thing in common – weak internal controls
The last in our series of top 10 op risks for 2014 looks at tighter consumer regulation. An industry plagued by scandal will now face closer regulatory attention on its retail side
The ninth in our series of top 10 op risks for 2014 looks at culture of complicity. Criminal investigations have revealed disturbing common features in many recent scandals
The eighth in our series of top 10 op risks for 2014 looks at reputational risk. Admissions of guilt expose banks to more than simply public displeasure
In the seventh of our series of top 10 op risks for 2014, we look at long-term business continuity. Op risk managers need to prepare for crises that last months, not days
The sixth in our series of top 10 op risks for 2014 looks at IT failure. System crashes are an embarrassingly public way to lose money – and will become less and less affordable as transaction speeds grow
The fifth in our series of top 10 op risks for 2014 looks at internal control failures. Banks in 2014 face the task of improving governance to prevent another year of embarrassing losses
The fourth of our series of top 10 op risks for 2014 looks at anti-money laundering. Preventing money-laundering is set to become just one aspect of the broader effort to clamp down on all kinds of illegal transactions
In the third of our series of top 10 op risks for 2014, we look at how high-profile spying and security leaks put the spotlight on privacy obligations
The second in our series of top 10 op risks for 2014 focuses on the boardroom. Regulators and governments are loading new responsibilities on to directors – adequate board membership has never been more important
Internal failures will prove as dangerous as external threats for the financial industry in 2014
The first in our series of top 10 op risks for 2014 looks at index rigging. The Libor-rigging scandal continues to grow, and other indexes may have been involved too
New UK national standard will serve as a defence against charges of inadequate anti-bribery precautions
Attempts to "defend" CDS positions broke the law, CFTC rules
Reaping the whirlwind
OpRisk discusses the evolving cyber threat with speakers from IBM, King's College London and the Information Security Forum.
Changing hats – November 2013
Control failures make the case for attention to governance, as our special report on governance, risk and compliance finds
US court fines bank's Japanese unit after December guilty plea