Heads of operational risk say banks aligning remuneration to risk objectives
UK regulator said to be losing focus during on-site visits
Questions remain about why France and Germany are yet to sign their IGAs with the US
More Operational risk articles
MoD's former head of cybersecurity says tone needs to be set from the top
Corruption and bribery remain a serious problem, according to EMEIA survey respondents
Despite the crisis giving operational risk the recognition it deserves, its value continues to be called into question. Craig Spielmann, head of operational risk at RBS Americas, talks about learnin...
Pair replace previous director Robert Khuzami
Higher capital requirements would incentivise banks to fix their problems more than fines, says Craig Spielmann at RBS
Focus on risk culture is a priority for many institutions in 2013, and our award winner Thomson Reuters provides the tools to enable clients to achieve this
US banks remain highly cautious about the impact of Volcker rule, industry expert says
Our approach is based on the study of the statistical severity distribution of a single loss. We analyze the fundamental issues that arise in practice when modeling operational risk data. We address the...
While there is an established framework for quantitative modeling of operational risk as a "lingua franca" on an expert level, active operational risk management in the business line as "first line of...
Since the global financial crisis, banking regulators and academics have extended the traditional, narrow definition of "systemic risk" to encompass concepts such as "interconnectedness" and "shadow banking"....
Here we present a comparison of the performance of several numerical methods to determine the probability density of the total severity when a model is known. One method is based on the maximum entropy...
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.