SEC chair Mary Schapiro steps down a week after former inspector-general files $20 million lawsuit against the agency
The UK FSA fines UBS for failures in systems and controls leading up to Adoboli's $2.3 billion losses
China's absence from IGA negotiations could mean a standoff once withholding starts
This three-part series looks at the various factors that firms across the ecosystem of global FX markets - from the buy-side, the sell-side, and the supporting community of technology vendors and service providers - should consider in order to, not just survive, but to thrive in this dynamic and ever-changing environment.
More Operational risk articles
Jurors are warned by judge to be cautious about John Hughes's evidence on the final day of UBS trial
Judge continues summing up in UBS rogue-trading trial
Defence delivers closing statement in Adoboli trial
Axa CFO warns of the counter-cyclical tools in Solvency II
Ferma forum hears that Solvency II delays will not affect competition
Risk managers are facing greater complexity because of regulation and other issues, Ferma is told
An acquisitive spirit
Dyson’s brief involves updating IT systems
Chairman of the FSA uses annual Mansion House speech to highlight the issue of bank culture
Jurisdictions with an intergovernmental agreement in place may find foreign financial institutions facing a legal conflict with Foreign Account Tax Compliance Act compliance
A "Dear CEO" letter from the FSA on RDR is seen as a harbinger of its new interventionist stance
The FSA’s Gerald Sampson says large, complex banks may struggle to meet a 2016 deadline for risk data aggregation and reporting standards
In operational risk measurement, the estimation of severity distribution parameters is the main driver of capital estimates, yet this remains a nontrivial challenge for many reasons. Maximum likelihood...
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.