Risk management/Operational risk
Operational risk at a crossroads
Just where is operational risk going? This is the question that, in one form or another, seems to be dropping from the lips of most executives in the field these days. People are clearly worried.
Continuity is the key
Firms do not seem to be taking business continuity planning as seriously as they should, or indeed even as much as they have done in the past. By Ellen Davis
Hidden dangers
Do op risk managers still care about the impact of reputational risk? Possibly not, reports Peter Madigan
Surprising success, new risks
Are HEDGE funds liable to become the next operational risk and compliance crisis? This is the question that regulators, investors and other market participants around the world are asking themselves in the wake of yet another prominent hedge fund…
Spreadsheets: a tool you can trust?
For more than two decades, spreadsheets have been the tool of choice for financial services firms. But do they contain hidden dangers? Dianne See Morrison reports
Scaling op risk management for SMIs: The ORM programme
In the continuing series of scaling operational risk practices, Eric Holmquist looks back on the series of topics for small to mid-sized institutions and discusses how to put it all together into an effective programme
Briefs
Management
IT op risk being outsourced
Management
FSA: Time to strengthen derivatives
Management
Unleashing ORM value
Management
ERM: is the industry all bark and no bite?
This months OR&C Intelligence survey suggests that firms are preparing to buy into ERM but there are concerns that the change may not happen. Ellen Davis reports
Plain English please
Complaints are reaching me about the way in which the US regulators have released the notice of proposed rulemaking (NPR). My sources point out that the advance notice of proposed rulemaking – released way back in those halcyon days of August 2003 – came…
SIA and Utah agree to suspend law
Management
Theory vs Reality
Sponsored half-day briefing
Briefs
MANAGEMENT INTELLIGENCE
Mifid bandwagon attracts Rule
MANAGEMENT INTELLIGENCE
RMA analyses risk practices
MANAGEMENT INTELLIGENCE
Op Risk + Technology
A bit of an update from me on what's happening at OpRisk & Compliance this month.