Operational Risk & Regulation - Operational Risk & Regulation April 2013
Articles in this issue
Operational risk issues in the broker-dealer sector
Intensive exposure
The importance of preventive KRIs
Developing key risk indicators, or KRIs, is a prerequisite for effective risk management
AML and framework change at Nordea
Anders Meinert Jørgensen, head of group operational risk at Nordea, talks AML awareness and pace of framework change at the bank
Preparing for the risk of pandemic disease
Ten years on from the 2003 Sars epidemic, banks need to take stock of the lessons – and assess the risks ahead
FSA toughens insider dealing enforcement
Recent insider dealing prosecutions by the FSA have demonstrated a new regulatory commitment to pursue more complex cases. Financial institutions are under pressure to tighten up internal controls or face the bite of the watchdog
Business continuity after Hurricane Sandy
Storm warning
Huge settlements overwhelm op risk models
Capital punishment
Editorial: Business continuity is about planning in advance, whether for epidemics or storms
Preparing for the worst
Top five losses: op risk loss levels return to monthly norms
Operational risk loss data – February 2013
Quarterly US bank loss data – Q3 2012
Quarterly US bank loss data – Q3 2012
