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Asian databases hot up

– Several countries in the Asia-Pacific region are attempting to create their own loss-event databases for use by domestic and international banks with operations in their jurisdiction. The Association of Banks in Singapore (ABS) has been speaking with banks on the island nation about co-operating on a database, according to Sim Tze Min, executive officer. However, she says

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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