The SEC has ordered Citigroup to pay $285 million to settle charges relating to a short position taken against its own CDO investors
Galleon insider trader Raj Rajaratnam has been given a record sentence in the US for insider trading
Non-US banks will have an advantage over US counterparts when it comes to prop trading, according to one legal expert
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More News/Operational Risk articles
Wide-ranging review seeks to raise operational risk capital and overhaul the basic indicator and standardised approaches
Few regulators are taking operational risk seriously, says Mike Finlay, chief executive of RiskBusiness
Survey results show infosecurity is a low concern, but industry expert says otherwise
Industry experts warn uniform modelling under Solvency II could lead to risk contagion
Risks have overtaken risk managers in the past 10 years, according to speakers and delegates at the Ferma forum
Management failures could leave bank liable
RBC Capital is charged with misconduct in the sale of CDOs by the SEC
Leaked draft EC regulation demands sweeping changes in auditor regulation
Market participants in Asia need to focus more on operational risks associated with their resurgent OTC derivatives trading volumes, especially as the market moves towards trade repositories and cen...
The capital requirements in the ICB report could make investment in financial institutions unattractive
In an exclusive interview, the BBA discusses whether the ICB should have looked more closely at other separation models for its final report on financial stability in the UK
The Basel Committee's Sigor group will spend time on credit risk-related operational risk loss events at its upcoming October meeting in Frankfurt
High-severity events such as the $2.3 billion rogue trading loss at UBS have highlighted the low levels of operational risk regulatory capital firms are holding
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.