Banks facing wider sanctions and tougher enforcement
Op risk chief talks AML, risk profiling, third parties and more
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
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Regulatory initiatives welcomed by Australian financial services industry
Contracts may need overhauling to match tax-evasion law
First-wave filers unclear on regulators' resolution expectations
Banks must heed advisory message promoting compliance culture
Setting up conduct risk units in a hurry may hamper op risk management
Financial Conduct Authority fines look likely to top 2013's £335m total
Operational risk loss data – July 2014
Three months after IRS notice, Fatca compliance programmes slackening
Questions on compliance within third parties need to be more focused
FASB and IASB must keep trying to unite standards, say bank regulators
Bank pays fine for mortgage fraud in the lead-up to the financial crisis
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.