Banks and regulators increasingly concerned amid high-profile cyber security breaches
Banks say backward-looking SMA is easily gamed and will lead to high and volatile capital charges
Industry co-operation on operational risk taxonomies might yield a valuable tool
Megan van Ooyen from SAS rounds up the top five operational risk losses for April 2016
This paper focuses on a comparison of the capital for Indian banks as required by the current regime for capital charge calculation, versus the possible revised Standardised Approach.
Just because we can't measure op risk accurately doesn't mean we should give up, argues Peter Sime
BB&T auditor's model shows capital measured by LDA might be pushed up by 16–55%
Difficulty of devising and implementing taxonomies leads major banks to start sharing ideas
Public sector institutions must learn from best practice in the private sector
Small firms have many advantages in administering op risk programmes, argues Ariane Chapelle
Greater use of models means risk "has significantly increased", says HSBC's Bhaskar
Megan van Ooyen from SAS rounds up the top five operational risk losses for March 2016
Cyber crime and nanoparticles represent emerging risks for insurers, says John Scott
Op risk accounts for 28% of US banks’ RWAs, compared with 12% at European banks
Standards body “rolling out much broader and deeper assessments in 2016”, says Citi’s Bardrick
Outdated systems and lax controls expose pension plans to 'operational failure'
Basel Committee’s controversial proposal on op risk modelling spurs debate at US event
Operational Risk / BAE Systems global survey of financial crime is now open
Free-to-view photographs from OpRisk North America 2016
Making use of third-party vendors changes your risk; it doesn't cause it to vanish
This paper empirically tests for correlations between fraud and the macroeconomy.
This paper examines and compares alternative ways of solving the problem of determining the density of aggregate losses.