The quantification of diversification benefit plays a critical role in quantitative risk models, especially within the context of regulatory and economic capital. However, the complexity of today's risk...
Delegates warned to monitor external as well as internal risks
This webinar on September 17th looks at the challenges of GRC, key trends, motives for improvement, future investments, and obstacles that banks and other financial institutions face in trying to improve and integrate their risk management strategy
More Operational risk articles
Technique helps banks pass 'use test'
Congress must act to improve co-operation
Large banks holding too little capital, regulator warns
OCC will leave banks to make their own judgements
Vary expected loss as economy changes, Felix says
Zero tolerance sounds good but useless for managers, conference hears
Narrow view one of many challenges for UK banks
Delayed impact of 2008 crash means higher capital demands
Operational risk loss data – February 2014
Data-sharing consortiums depend on trust, but individual firms face a prisoner's dilemma whereby providing false information can sometimes be beneficial
Review of overlooked sector follows £22.9 million penalty for overcharging customers
UK card crime spikes amid overall decline in fraud
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.