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...
In this paper (in English and German), Genscape has analysed Combined Heat and Power or Central Heat and Power (CHP)production in the German market, the challenges it raises for market participants, and the key steps required to address the fundamental lack of transparency in CHP plant production.
More Operational risk articles
A year of huge fines and settlements has thrown new light on the importance of controls and conduct risk
£28 million penalty for poor incentives – but op risk still largely excluded from pay policies, survey finds
UK regulator reveals that banks will miss deadline for compensating interest rate hedge mis-selling victims
Since 2007, Operational Risk & Regulation, in collaboration with BAE Systems Detica, has conducted an annual survey covering key industry trends in financial crime, risk and compliance. The 2013 survey results show continuing recovery and strengthening...
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...
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.
Hong Kong, 1st - 31st Dec 2014
Japan, 24th Apr 2014
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USA, 8th - 9th May 2014