Few regulators are taking operational risk seriously, says Mike Finlay, chief executive of RiskBusiness
Recent analysis by the International Monetary Fund indicates that banks in the US need to raise capital to cover systemic liquidity risk threats
BP's Alan Haywood says non-banks need to consider Fed letter commitments for the good of the industry
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The Basel Committee's Sigor group will spend time on credit risk-related operational risk loss events at its upcoming October meeting in Frankfurt
High-severity events such as the $2.3 billion rogue trading loss at UBS have highlighted the low levels of operational risk regulatory capital firms are holding
FSA's Bailey says the commitment letter process is better for firms than having the regulator "kicking over their books"
More US banks expected to employ AMA, while new stress-testing proposals increase interest in operational risk quantification among smaller banks
Banks worry Basel rules requiring legal events to be included in operational risk databases earlier might mean the information is used against them in legal proceedings
EBA op risk specialist Bernd Rummel says the new European body has a busy schedule of work to implement CRD IV
Trustee chairman Graham Parrott says the deal removes "significant risk" from the television company's pension scheme
Basel III's higher capital levels mean "bankers' pay will come down"
Solvency II is the wrong starting point for new occupational pension directive, says James Walsh
Old Mutual and Legal & General managers say the time is right for a shift, while Artemis's Littlewood disagrees
Several longevity swap transactions are in the pipeline despite market turmoil, says Hymans Robertson's Patrick Bloomfield
Patent project spearheaded by Jonathan Rosenoer is one of a very few op risk system patents to be awarded
Risk.net poll supports IIF deputy managing director Hung Tran's view that global economic recession stands head and shoulders above fears of Greek default and Italy/Spain bail-out
Everyone has a shared interest in the success of the Greek bailout because "the alternative is so much worse for everyone", says IIF deputy managing director
US deficit estimates rely on over-optimistic growth forecasts, says Pimco managing director
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