Operational Risk & Regulation - Nov 2015
Articles in this issue
UK banks saddled with 'blunt' op risk capital add-on
Criticism of Pillar 2 risk insensitivity
Dealing with data is key to compliance, banks find
New regulatory requirements mean pressure on aggregation
Boards have no excuse for ignorance – Standard Life’s Grimstone
Need for strong boards, risk culture and internal audit emphasised at IIA conference
Paper of the year: JD Opdyke
New technique may help limit errors in AMA capital estimates
Basel Committee to consult on scrapping op risk modelling
Regulators plan to propose single simple method
Top five losses: op risk fines hit two-year low
Operational risk loss data – September 2015
Best operational risk product: Wolters Kluwer OneSumX
Firms look to planning suites to get ahead of regulatory expectations
Consultancy of the year: EY
Consultancy firm offers joined-up approach to ERM and operational risk issues
Best managed/support services provider: Thomson Reuters Org ID
Thomson Reuters managed service eases burden of know-your-customer rules
Best financial crime product: Swift
Swift offers firms assistance in avoiding entities and individuals hit by sanctions
Regulator of the year: Financial Action Task Force
FATF promotes risk-based approach in response to worries about 'de-risking'
Best GRC product: MetricStream
MetricStream benefits from exclusive focus on governance, risk and compliance
Best compliance product: BAE Systems Applied Intelligence
BAE Systems uses sophisticated network analysis to curb threat of money laundering
Bank of the year: Rabobank
Dutch bank retools risk management framework
Reining in capital models is bad for risk management
AMA's likely demise is latest sign of worrying trend in bank capital rules
Best regulatory reporting platform/service: Oracle Analytical Applications
Oracle addresses problems caused by Basel rules on data aggregation
Operational Risk Awards 2015: The winners
Operational Risk Awards honour excellence in operational risk management, regulation and risk management service provision
Beware the growing threat of trade-finance based financial crime
Sponsored feature: BAE Systems
