Risk management/Operational risk
European banks face steep op risk capital hike from SMA
Op risk accounts for 28% of US banks’ RWAs, compared with 12% at European banks
BSB aims to develop culture and conduct benchmarks
Standards body “rolling out much broader and deeper assessments in 2016”, says Citi’s Bardrick
US public pensions failing on operational risk
Outdated systems and lax controls expose pension plans to 'operational failure'
OpRisk North America: on AMA, cyber and the role of op risk
Basel Committee’s controversial proposal on op risk modelling spurs debate at US event
Photogallery: OpRisk North America 2016
Free-to-view photographs from OpRisk North America 2016
Outsourcing can be beneficial, but it isn’t magic
Making use of third-party vendors changes your risk; it doesn't cause it to vanish
Discarding the AMA could become a source of op risk
Basel Committee’s “tantrum-like reaction” is not supported by evidence, say practitioners
Op risk managers must be ‘change agents’, says Fed official
Fed's Gwendolyn Collins calls on op risk managers to be pioneers, not policemen
Dump jargon and engage with business, op risk managers told
Operational risk urged to assume bigger role in strategic and HR decisions
Conference hears fierce criticism of Basel op risk plans
Op risk professionals pour scorn on SMA charge, but some bank experts speak out in favour
Bangladesh central bank governor resigns over theft
Atiur Rahman has resigned following theft of $101 million
Op risk models still needed despite SMA, says regulator
Models “play an important role in quantifying risk”, says OCC's Beth Dugan
Firms seek to improve use of key risk indicators
KRIs are useful tools, say risk managers, but can also be a source of frustration
Top five losses: Julius Baer fined by DoJ, HSBC settles in US
Latest data on op risk losses from SAS (to February 29, 2016)
Basel op risk plans 'not fit for purpose', say banks
SMA expected to raise capital charges, but lower standards in risk management