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OpRisk North America: Regulator warns industry to get implementation of Dodd-Frank right

Implementation of Dodd-Frank Act raises op risk concerns, conference hears

Warning sign

Failure to implement new regulations such as the Dodd-Frank Act in the right way will cause operational risk, a regulator warned OpRisk North America in New York this week.

In a panel discussion on the implications of Dodd-Frank for operational risk managers, Alfred Seivold, senior examinations specialist and Basel II co-ordinator at the Federal Deposit Insurance Corporation, told delegates that

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