Operational risk experts ponder future of Basel II

The ongoing financial crisis has led risk professionals to question whether the Basel II framework needs to be modified to improve firms' ability to assess and manage risk. And while the general consensus is that revisions are needed, questions remain as…

To be continued...

Business continutity planning is high on the agenda for financial services firms. For the first time, OpRisk & Compliance has surveyed the market to identify the leading BCP providers. Victoria Pennington presents the results

Bringing down the house

There is evidence to support the claim that the subprime mortgage crisis in the US may have had its roots in operational risk problems. But just what caused the crisis, and could it have been averted if the firms involved had robust op risk frameworks in…

A question of discipline

Op risk is showing signs of maturing, although there is still much work to be done. So delivering value to the business continues to be a substantial challenge, according to a new survey

Resolving the confusion

Risk control self-assessments have become a Tower of Babel for the op risk discipline, with a variety of different approaches being taken. Ellen Davis reports

Keeping an eye on complacency

When it comes to AML initiatives, companies are displaying a worrying disregard for the perils of this criminal threat, despite recognising it as such. By Ellen Davis