The cost of a data loss has been highlighted by the embarrassing breach of security at the US Federal Reserve – and banks should be aware that regulatory fines will not be the largest item on the bill...
Cyber risk is a new and rapidly developing threat, and this means that risk transfer through insurance, helpful in other areas of operational risk, is of only limited use as a defence against it
Dealers settled a crop of disputed derivatives trades with Portuguese state-owned entities last year, with one exception – Santander is set for a court battle with the country’s state-backed rail operator,...
More Features/Risk Management articles
Bad debts imply high capital requirements under regulators’ new stress-testing regimes, prompting some institutions to look at selling portfolios rather than slowly restructuring them. But it may not be an overnight change. Joe Rennison reports
Using the same dataset but different operational risk models can produce capital numbers billions of dollars apart, critics claim. Regulators say they want more consistency, but it’s not clear how they can achieve it. Matt Cameron reports
The UK’s Financial Conduct Authority has taken on responsibility for the country’s peer-to-peer business lenders – a sector that has a similar risk profile to the rating agencies, and which is desperate to avoid making the same mistakes. By Fiona...
Retail investors have ploughed an estimated $19 billion into so-called multi-alternatives – fund of hedge fund strategies in a mutual fund format, which promise daily liquidity. That worries some observers, including the Securities and Exchange Commission....
In a climate of ever-growing regulatory burdens and a soaring demand for reporting and oversight, our annual awards recognise the practitioners and suppliers which have made their mark on the operational risk industry in the past year
Low-level bribery is still common across Latin America, but with a few simple precautions businesses operating there can avoid the main risks associated with it, says Michael Hatchwell of Davenport Lyons
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.
Hong Kong, 1st - 31st Dec 2014
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Singapore, 22nd - 23rd Jul 2014
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Australia, 14th Aug 2014