Dutch bank Rabobank has shaken off its Libor label pretty quickly, leaving it to focus on its co-operative roots, the AMA and its RCSA roll-out. Anne Snel-Simmons, head of operational risk manageme...
Protection for whistleblowers not clear cut
Operational risks, funding valuation adjustment and the money made by one dealer in the early days of OIS discounting – the top stories of the year on Risk.net
More Operational risk articles
Nonstationarity in operational risk loss data time series is a known effect, but has so far rarely been analyzed in detail. Taking transaction banking as a segregated object of study, a simple model presented...
Stronger FCA focus may be diverting resources from day-to-day compliance tasks
Recent calls for kill switches may be misguided
Negative events may not damage financial institutions' reputations, conference hears
German bank tells of challenges posed by regulators' recovery and resolution requirements
Regulators' efforts to prevent another crisis are having the opposite effect
SEC official warns compliance teams at quant funds lack qualifications and knowledge to effectively monitor trading strategies
Conference told of resource challenges facing Deutsche CRO
Serious attack will expose flaws in incident response programmes
Sponsored Q&A: Amundi Alternative Investments
Moves from Barclays Wealth where he was CRO
Fit for investors
In the current market turbulence operational risk management is a basic function of every financial institution, including insurance companies. In a situation when principles based on prudent business...
The manipulation of the London Interbank Offered Rate (LIBOR) was not a localized event. Unscrupulous traders and managers in some of the largest banks around the world deliberately and systematically...
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.