Operational Risk & Regulation - Operational Risk & Regulation September 2012
Articles in this issue
Starting afresh has advantages for Metro Bank
In the current climate, a startup retail bank will attract a lot of attention from regulators – and criminals. Metro Bank's chief risk officer Mike Hudson discusses fraud, incentives and the advantages of living without legacies with Jessica Meek
OpRisk Benchmarking Survey 2012
A survey carried out by Operational Risk & Regulation suggests operational risk is high on the agenda of senior bank executives, but perhaps not as deeply embedded in the organisation as they or their regulators might like. Rob Mannix reports
Managing operational risk in African nations
The African way
Demand grows for Islamic op risk managers
Islamic studies
Q&A: challenges and opportunities in African banking
Risk at the frontier
Suspicious activity reports in US rise by 12% in 2011
FinCen shows record high, and SAS collects top five op risk events
Selecting severity models
Obtaining a suitable loss severity distribution is a challenge for firms modelling operational risk. Marcelo Cruz assesses the goodness-of-fit tests that are used to validate severity distributions
US banking reports put compliance in the spotlight
Standard Chartered and HSBC attract attention for compliance failures
