Recently formed FCA ramps up level of fines compared with predecessor, FSA
Low-level bribery happens, but avoiding the risk is practical, lawyers say
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
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Low profits and risk concerns predominant in report by UK-based bank
German CCP cites cross-product efficiency as chief advantage
Operational risk loss data – March 2014
Future crisis could see non-cleared swap margin double, says Goldman exec
Fed proposal is driving banks out of physical markets
Capital charges will be ‘very difficult to explain’, conference hears
Rise of standardised approach would be 'a loss for the banking industry'
Op risk disconnect from business, conference hears
Internal fraud and data theft threats growing, conference hears
Banks must involve op risk in strategy decisions, says RBS' Spielmann
Common tree-splitting strategies involve minimizing a criterion function for minimum impurity (ie, difference) within child nodes. In this paper, we propose an approach based on maximizing a discriminatory...
The Basel Accords require financial institutions to regularly validate their loss given default (LGD) models. This is crucial so banks are not misestimating the minimum required capital to protect them...
In consumer credit scoring, the area under the receiver operating characteristic curve (AUC) is one of the most commonly used measures for evaluating predictive performance. In our analysis, we aim to...
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.