Breakdown of top five loss events, plus ECB’s Ireland fine and mortgage losses in Spain. Data by ORX News
Read Risk.net's coverage on the controversial move to the standardised measurement approach
Finma to rule on whether divesting businesses can reduce op risk RWAs
Matt Pountain, product lead and deputy general manager at Broadridge Financial Solutions, discusses what market requirements his firm has addressed this year and how it has innovated its post-trade management solution to earn the title of Best Newcomer…
Collin Coleman, head of NEX Regulatory Reporting, discusses the complications that arise from converging reporting regimes as well as how NEX Regulatory Reporting can offer advice to firms and share their regulation compliance burden.
Eric Berdeaux, chief executive officer of Oxial, shares his thoughts on the digital innovation in operational risk and compliance and what the biggest challenges Oxial clients are facing right now within compliance.
Jodi Richard, chief operational risk officer, discusses the bank being named Bank of the year in the 2017 Operational Risk Awards.
Repapering of existing contracts could stretch beyond May 2018, forcing dealers to rely on regulatory forbearance
Sponsored Q&A: NEX Regulatory Reporting
Proposed forward-looking approach would permit internal modelling, but penalise banks if losses exceed estimates
Content provided by IBM
Content provided by IBM
Future of op risk modelling a hot topic at conference, along with evolving three lines of defence framework
Regulator says banks have good track record overall, but exams reveal weaknesses
Lack of loss data means predictions are a problem
“If you’re waiting for us to give you regulation, you’re behind the curve,” says Fed’s Ferlazzo
Banks forced to consider link between risks and macroeconomic factors
Leaked proposals say loss component will be left to national regulators, threatening an unlevel playing field
Clearer split in responsibilities between first and second lines needed, say op risk chiefs
Lengthy payout mechanism of cyber policies makes it ineffectual against large losses, dealers argue
Content provided by IBM and Risk.net
High-profile critics of op risk capital rules are misguided, say Ariane Chapelle and Evan Sekeris
Capital models should reflect loss grouping – research
Companies can’t battle threats on their own, CFTC told