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
Risk would like to invite you to join us on 14 April 2014 at 10am EST / 3pm GMT for our next FREE webinar. Joining the panel discussion will be: Moderator: Duncan Wood, Editor, RISK. Athanassios Diplas, Senior Advisor, ISDA. Barry Hadingham, Head of Derivatives and Counterparty Risk, AVIVA INVESTORS. Neil Murphy, Director, Collateral Product Management, IBM RISK ANALYTICS. Click to register.
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...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
Japan, 24th Apr 2014
Japan, 24th Apr 2014
USA, 30th Apr 2014
USA, 8th - 9th May 2014