Recent events at UBS have prompted one industry expert to call for a specific rogue-trading regulation
Changing the rules
Taking the strain
Stress tests underway for European banks use harsher adverse scenario and tighter capital rules than tests carried out last year
Banks to be given details by end of Friday
ORR recognises those in the operational risk management profession who are working to ensure op risk keeps developing, and that it stays high on management’s agenda
Marco Moscadelli, Bank of Italy
FDIC shows hand on remuneration rules
Responses to EU remuneration paper urge restraint
Firms have until July 1 to comply, but experts says they can reject "pernicious" parts of FSA regulations
New European Banking Authority announces second round of stress tests for European banks at opening meeting
New European banking, securities and insurance regulators name their first chairs
A new quantitative impact study for Europe will be launched to analyse the impact of Capital Requirements Directive IV
Cebs offers advice on changing AMA models
2011 stress tests will struggle for credibility
UK parliamentarians cross-examine European Commissioner for internal market regulation Michel Barnier on how much power new European supervisory authorities will have over national regulators
After 20 years at Italy’s central bank, Marco Moscadelli knows his country’s banking industry well. But this hasn’t narrowed his focus, and pivotal roles on European supervisory bodies have also given him a say on how the operational risk is approached...
Rulemakers are falling over themselves to introduce measures to link remuneration more closely with risk, in an effort to appease an irate public. But will their new rules work in practice, and will they have the desired effect of making compensation...
New consultancy paper from the UK FSA requires all firms to disclose their remuneration methodology under CRDIII.
The remuneration proposals for EU banks would make it difficult for banks to recruit and retain people in Asia, and create large personal tax liabilities
Cebs secretary-general Arnoud Vossen, in an interview with Operational Risk & Regulation, says work on improving supervisory colleges is speeding up
European Commission proposals of extensive new powers at odds with Basel vision of colleges, and Cebs' new assessment of success of information-sharing initiatives
Cebs op risk guidance finally finds favour