Michael Hegarty
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Articles by Michael Hegarty
BBA and BoE aware of banks submitting false rates – Libor trial
Trade association didn't have power to censure rule breakers
Q&A: OCC’s Dugan warns op risk managers over new products, third parties
Banks must exercise caution as they adapt to changing demands of industry, says Beth Dugan, OCC head of op risk
Libor trial: Libor fixed with £336,000 in bribes – prosecution
Court hears of payments promised in exchanged for skewed submissions
PRA's Pillar 2A consultation may point way ahead for AMA
PRA capital methodology will change rules for modelling
Q&A: Business veteran Nesbitt on sharing risk management burden
New head of Canada's risk institute says risk management benefits from multiple actors
ECB adviser admits more clarity needed over stress tests
Regulators criticised for reticence over why they rejected some test results
OCC announces new deputy comptrollers, and other recent job news
Four new deputy comptrollers, within supervision, credit risk, and strategy
Basel Committee faces hard choices in op risk modelling reform
Reducing model diversity may endanger AMA's risk management benefits
Banks fear ill-aligned op risk capital under new simple method
Proposals for revised standardised approach receive mixed response
Geek power: market regulators make creative use of technology
Financial policing takes on a touch of Silicon Valley glamour
Op risk capital would double under Basel's RSA proposals – ORX
Proposed revised standardised approach would hit big banks hardest
Banks face cyber security overhaul as $1bn heist marks 'new era'
Firms must change procedures and train staff after Carbanak attacks
AMA uncertainty hindering widespread adoption among banks
Some banks shy away from the op risk method under review
Regulators defend AMA as a process to manage op risk
Modelling operational risk capital provides insight into banks’ weak spots
Cyber insurance targets wayward threat – as best it can
Questions over policy design and coverage blight nascent industry
Judgement-led approach to conduct risk capital draws criticism
Proposal by UK banking watchdog receives mixed initial response
Cyber risk insurers say back data has reached critical mass
Insurers can now sharpen forecasts and improve policies against cyber crime
SEC 'broken windows' policy draws new critics
Is the regulator's goal of trying to be everywhere feasible or even desirable?
Top-down culture change biggest challenge, BBA conference hears
But FCA's "tone at the top" focus may hamper progress
Banks waste millions failing to change culture, conference hears
BBA conference describes problems in improving culture
Research shows scale of regulatory 'revolving door'
What impact does the 'revolving door' have on regulatory independence?