Lessons learned

OpRisk USA

Although operational risk management has not been a specific area of concern for regulators and politicians throughout the financial crisis, the industry should still consider the lessons to be learned to improve techniques and methodologies. This was the central message from keynote speaker Kevin Bailey, deputy comptroller at the Office of the Comptroller of the Currency and chairman of the Basel Committee Standards Implementation Group's operational risk subgroup (Sigor), on the first day of t