Complying with new account-switching rules not enough without consideration of business risk
Within the loss distribution approach framework, the required capital is the 99.9% value-at-risk of the annual loss distribution, which is based on the fit of the severity and frequency distributions using...
Chinese commercial banks have faced increasingly serious operational risks because of the rapid development of the financial markets and the wide application of information technology. Stringent requirements...
This three-part series looks at the various factors that firms across the ecosystem of global FX markets - from the buy-side, the sell-side, and the supporting community of technology vendors and service providers - should consider in order to, not just survive, but to thrive in this dynamic and ever-changing environment.
More Operational risk articles
We introduce several possibilities for the estimation of the shape parameter of the generalized Pareto distribution through expert opinions, in an ideal context where expert opinions come from self risk...
Data privacy laws will continue to pose challenges for banks, conference hears
Loss data is vital to op risk management - but the process is flawed and uncertain, Singapore conference hears
Culture is a priority for op risk managers – but the tools needed remain elusive
Lean banks and financial institutions are more fragile in the face of disaster, warns Nomura business continuity head
Lack of commonality in rogue traders adds to the risk banks face from within
Sponsored statement: SAS
Operational risk loss data – May 2013
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.