Regulators are seeking higher op risk capital levels due to the impact of events several years ago – which is difficult to explain to bank boards
Hoogervorst says work on classification and measurement "has been done for nothing"
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.
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Review of overlooked sector follows £22.9 million penalty for overcharging customers
Impact of US taper on emerging markets more significant than domestic political troubles
Legal barriers blamed for slowing up pursuit of corruption
European proposal limits risk management tools to clearable swaps only, preventing options-based hedges
Lloyds Banking Group allocates another £1.8 billion to PPI compensation, as banks face new £1.3 billion bill for identity theft protection mis-selling
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