Huge losses will affect risk modelling and capital calculation
Complex investigations and delays in trials over index rigging
Cluster of huge fines calls for changes in models and regulation
This webinar on September 17th looks at the challenges of GRC, key trends, motives for improvement, future investments, and obstacles that banks and other financial institutions face in trying to improve and integrate their risk management strategy
More Risk management articles
Survey aims to assess the state of the art for op risk
Operational risk head calls for better benchmarking across industry
Operational risk loss data – August 2014
Assessing exposures and vulnerabilities gives sophisticated risk view
Conference will focus on greater transparency and higher standards
Troubled debt teams can provide valuable op risk insight
Debt has jumped fifty-fold at Eskom as it races to build new power stations
We consider the class of risk measures associated with optimized certainty equivalents.
Capital allocation principles are used in various contexts in which the risk capital or the cost of an aggregate position has to be allocated between its constituent parts.
The presence of options in a portfolio fundamentally alters the portfolio's risk and return profiles when compared with an all-equity portfolio. In this paper, we advocate modeling a risk-based crit...
This paper proposes a formula for a market stress test of a portfolio.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.