Portigon – the entity that emerged from the break-up of WestLB – moves away from the AMA for op risk calculation after forced restructure
Mis-selling in banks requires a cultural shift, chief executive says in response to FSA report
More Operational risk articles
Operational risk managers are heavily involved in new business and change management, but play a less conspicuous role in the front office, according to an Operational Risk & Regulation survey
Accusations that UK bank hid Iranian transactions are latest example of US authorities exporting compliance obligations
US firms expected to push back on Fatca quid pro quo
Germany may back away from Fatca if the US is not able to honour an agreement to reciprocate, market participants say
Chilton warns banks to either co-operate with regulators on the Volcker rule or get out of its way, as it is definitely happening
A committed committee?
Divide and rule
CFTC orders Barclays to pay a $200 million penalty. Commissioner Bart Chilton says agency is "vigorously looking at individuals"
Rejection of ICB's leverage recommendation puts lending above stability, according to legal expert
A new report from the IIF warns regulators to consider different approaches to shadow banking regulation
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.