Op risk should play a dominant role in the development of ERM, says Thomson Reuters’ Philippe Carrel
Regulators should ban dividend payments or curb banker pay to conserve cash, instead of championing Cocos, says economist
This three-part series looks at the various factors that firms across the ecosystem of global FX markets - from the buy-side, the sell-side, and the supporting community of technology vendors and service providers - should consider in order to, not just survive, but to thrive in this dynamic and ever-changing environment.
More David Benyon articles
Firms in the UK will need more guidance on complying with the Bribery Act's strict rules
Proposed rule changes from Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (Finra) are a good but incomplete solution to operational risk within exchange infrast...
Past experience suggests the new financial stability bodies should direct regulatory policies, not just warn about instability
Regulators mull over intervention options for systemic risk firms
Fat finger error mooted as possible cause for US market plunge
Insurance firms are using GRC to cope with tight budgets and heavy compliance burdens
An EBF report calls on EU governments to hold back on punitive reforms to banking bonuses because they may threaten the competitiveness of EU financial centres
Systemic risk management will require enterprise-wide information gathering
NEW YORK – US authorities have arrested a former Société Générale (SG) trader and charged him with stealing the proprietary trading code used by the French bank for high-frequency trading. Samarth...
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.