The ninth in our series of top 10 op risks for 2014 looks at culture of complicity. Criminal investigations have revealed disturbing common features in many recent scandals
Culture is a priority for op risk managers – but the tools needed remain elusive
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Cultural challenges articles
Newly released reports into the failures of management at several major banks – HBOS, Barclays, and JP Morgan among them – show that some of the worst losses had roots deeper than the 2008 credit crisis. Toxic internal culture and poor management,...
Vast quantities of new regulations are swamping banks' ability to deal with the real sources of risk, conference hears
Chairman of the FSA uses annual Mansion House speech to highlight the issue of bank culture
Discussion at Operational Risk & Regulation’s New York conference focused on limitations of operational risk management, particularly the risks associated with models, data and calculations
Philip Halperin, chief risk officer at Alfa-Bank, likens his move to Russia to Alice’s tumble down the rabbit hole into another world. A world where the concept of operational risk did not exist. But Russia is quickly catching up to the West and he’s...
As firms foray into the emerging markets seeking growth opportunities, they need to be aware of the risks posed by cultural differences. Judith Graham looks at the ways workplace cultures differ across the globe, and how firms should adjust their operational...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
Australia, 5th - 7th Mar 2014
South Africa, 12th - 14th Mar 2014
UK, 12th Mar 2014
UK, 13th - 14th Mar 2014
UK, 13th Mar 2014