News
City operational risk exec salaries rising
Demand for operational risk management experience is pushing up salaries.
FSA surprises UK banks with tougher stress tests
Operational risk to be included in future stress tests by the UK regulator.
EU struggles with cross-border crisis rules
Senior regulatory figures speak out on future legislation at a Brussels conference
Banks create roles to manage supervisory relationships
Increased regulatory scrutiny means compliance officers are spending 20% of their time dealing with requests from regulators, creating a single liason officer therefore makes good sense
The case for scenarios in op risk loss databases
Scenario analysis is gaining in popularity following the crisis and loss data consortia are quick to cater for this renewed interest
New RBS task force to drive AMA standard
RBS creates a new body looking at driving efficiencies in op risk management and raising its function to AMA standards.
Banks urge Cebs to rethink operational risk guidelines
New op risk document from Cebs stirs up discord among op risk managers
Whistleblowers need direct link to regulators, says survey
A poll on Risk.net says informants should be able to speak directly with supervisors
