Market disruption averted as unanimous decision goes in CLS's favour
Total bill from penalties and lawsuits could reach “tens of billions,” some estimate
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
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Future crises will be tougher to resolve if legal risks stop strong banks acquiring wounded competitors, warns CRO for RBS Americas
Investors and lawyers voice concerns about using segregated accounts structure to issue streamlined cat bond instruments
US FFIEC, meanwhile, releases proposed guidance on social media
Lying in rates
The Basel Committee on Banking Supervision has defined operational risk, legal risk and compliance risk. However, the definitions might not be adequate for countries with a common law legal system, such...
Respondents to a survey at the OpRisk Europe conference overwhelmingly point to people as the biggest operational risk
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.