OpRisk & Compliance outlines the top 10 challenges readers and their firms will face in 2008. By David Benyon, with additional reporting by Ellen Davis
The global credit crunch shows just how much the world's financial services firms need to raise their game when it comes to risk management, says Charles Dallara, managing director of the Institute for International Finance. By Ellen Davis
The risk-based approach to regulation is under fire. In the UK, the Northern Rock debacle could result in a reworking of the supervisory system, which is being criticised as too hands-off. Defenders of the system point out that a failure such as Northern...
Recently, many have come forward to ask me what is going on within JP Morgan Chase's risk management division. Over the past year, a number of people have left the operational risk team, both at the corporate and business unit levels. Risk executives...
Operational risk economic capital calculation is high on the agenda - at last. So who is using it, and why? A new OR&C Intelligence survey investigates
In the wake of the subprime crisis and resulting global credit crunch, operational risk practitioners must seize the opportunity to prove the value of their discipline, says Ellen Davis
The usual suspects appear at the top of OR&C 's survey of consulting firms, but not without having their heels nipped at by the increasingly advancing competition
It's hard to not be a bit worried by the subprime crisis and the spin-off events that have cascaded through the financial markets over the past few weeks. And it is ironic that the crisis kicked off in the US, where regulators have made such an unholy...
Convergence is a clear goal for many in the industry, but uniform implementation is proving tricky, finds the latest survey from OpRisk & Compliance and Ernst & Young