Governance, risk and compliance (GRC) supporters are slowly gaining ground. The need for a GRC system is now accepted by half the financial market, with 38% of institutions already using one and another...
The UK’s Financial Services Compensation Scheme (FSCS) was set up to ensure consumers could be compensated if their bank went under. But who should be paying for it? And what does its future hold as...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Features/Operational Risk articles
The US requirement that all over-the-counter products be cleared through central counterparties has been viewed positively, but how it will work and the implications it has for banks is still unclear
Now that they have a little breathing space, and as the threat of a deluge of regulation looms, banks are once again investing in governance, risk and compliance (GRC) systems to help them stay on top of things
Canada’s tight-knit and conservative banking community weathered the financial crisis well, due to its restrained approach to risk and a good relationship with its savvy regulators. ORR talks to some in the market about this success, and where op risk...
Suncorp has faced severe operational and financial challenges in the wake of the Queensland floods and other natural disasters in Australasia during the past year. Group chief risk officer Robert Stribling explains how centralised operational procedures...
Operational risk remains one of the trickiest areas of Solvency II calibration. Laura Polak and John Winter explain how external data sources can bridge the gap
Operational risk has always been the hidden risk of insurance – but with Solvency II set to include a capital charge against it, for the first time insurers are grappling with how best to capture it. Clive Davidson reports
International standards often fall short when applied to Islamic finance. We look at the complexities of adjusting established laws to comply with the principles of sharia, and the moves under way to create a national data-pooling system for handling...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
Topics of interest
Sweden, 15th Dec 2013
USA, 10th Dec 2013
UK, 18th Dec 2013
UK, 12th Feb 2014
UK, 13th Feb 2014
Updating your subscription status
Risk iPad and iPhone Apps
Topics of interest