Transparency of segregated accounts often idealised, says Deutsche Bank
Operational risk loss data – September 2015
Regulators plan to propose single simple method
Need for strong boards, risk culture and internal audit emphasised at IIA conference
KRIs for rogue trading are vital defence against multi-billion-dollar losses from unauthorised trading
Figures from the US Financial Crime Enforcement show a near-record level of suspicious transactions, especially around money laundering
Common cultural practices may span the divides between financial institutions – promoting common operational risks
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Head of op risk supervisory team views tools as 'catalysts for change'
Outsourcing and concentration could create inadvertent keystone companies
Current offence under Financial Services Act 2012 is "unprosecutable"
Personal accountability rules won’t change behaviour at lower rungs until enforced
Accountability and learning from past failures key to sound risk culture
Operational risk loss data – August 2015
Growing LEI issuance has improved reporting, but what comes next?
New global code to be finalised by May 2017
Sanjay Sharma talks about risk transparency and how his book helps achieve it.
Managers should be more confident challenging new processes
Disaster recovery and oversight key for utility's CRO
Hill Dickinson lawyer outlines his view
Custodians should retrain HR in foreign bribery rules as SEC threatens further action
Using blockchain should drastically speed up post-trade settlement
CRO explains how disasters have shaped his priorities
SEC prosecution for hacking newswires shows the importance of cyber defence