External loss database
Regulator warns reaching common standard will be difficult
Data-sharing consortiums depend on trust, but individual firms face a prisoner's dilemma whereby providing false information can sometimes be beneficial
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How to fly
OCC regulator warns risk managers to re-examine data integrity and be wary of model risk
Marcelo Cruz highlights the problems that can arise when analysing the relationship between operational risk and macroeconomic factors
The Operational Riskdata Exchange says benchmarking is the next step in its effort to help operational risk managers improve their use of scenarios
Quality over quantity
The move by the Asean countries to set up a loss data consortium for operational risk data is gathering momentum. The committee exploring the development of this tool will present a feasibility study at...
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.