Modeling dependence among operational loss frequencies is a natural way of trying to capture possible relationships between losses that have occurred simultaneously but that are categorized differently...
Nonstationarity in operational risk loss data time series is a known effect, but has so far rarely been analyzed in detail. Taking transaction banking as a segregated object of study, a simple model presented...
On March 22, 2013 a CFS Conference on Operational Risk (Management and Measurement) took place at the House of Finance at Goethe University in Frankfurt, Germany. It was organized jointly by the Center...
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Andrew Legg, senior litigation partner at global law firm Eversheds, examines the challenges businesses can face when navigating the issue of bribery in Africa and calls on the experiences of organisations already tackling the issue at the sharp end
Operational Risk & Regulation convened a panel, sponsored by MetricStream, to discuss methods of incorporating an operational risk framework within decision-making processes and real-time risk awareness, as well as the effective use of loss data and the...
Lack of leadership and job insecurity are behind widespread wrongdoing in the financial sector, seminar hears
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.
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