Risk management/Operational risk
Op Risk discussion document will reflect shifts in regulator thinking
BASEL - The discussion document on operational risk expected in September from global banking regulators will try to cover all the concerns raised by bankers about this controversial aspect of the Basel II banking accord, regulators said.
Basel II accord makes op risk software this year’s hot topic
The sophistication of analytical software for managing operational risk will increase dramatically over the next year. Such was the message delivered by Charles Smithson, managing partner of financial consultants Ritter Associates, to the annual risk…