Investment advisers accused of lack of preparation in face of Sandy
US insurer's op risk head Kay Rahardjo discusses solvency regulations and the lessons learned from 2012's superstorm
The loss of service at one of the biggest US exchanges emphasises the risk of a failure at key service providers
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Operational risk articles
US insurers dealing with potentially heavier load from federal regulation and the Orsa
Industry data shows outsized operational losses are a regular feature of banking and traditional means of modelling them aren’t working. The industry needs to understand why and rethink its approach, argues Jonathan Rosenoer
Latest data on op risk losses from SAS
The natural relationship between Fatca and AML means that banks are able to leverage existing AML capabilities in order to be Fatca compliant. But Fatca is ultimately a tax regulation, meaning tax departments also need to be onboard. Jessica Meek investigates...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future