Operational Risk & Regulation - September 2014
Articles in this issue
Proposed bitcoin regulations 'unworkable' in current form
NYDFS proposes bitcoin regulations that experts say go too far
Libor fines for Lloyds include penalty for SLS underpayment
Banking group took state aid, then lied over terms of its repayment
UK banks to face tighter oversight of management and conduct
PRA and FCA unveil new rules on bank bonuses and approval process
Bank of America fined $1.27bn for defrauding mortgage agencies
Bank pays fine for mortgage fraud in the lead-up to the financial crisis
Fatca compliance slowing down after 'ambiguous' IRS notice
Three months after IRS notice, Fatca compliance programmes slackening
Top five losses: MBS and Libor drive op risk losses
Operational risk loss data – July 2014
Handling the risks of a newly aggressive sanctions regime
International banks must exert more care on dollar transactions
Conduct risk rush a worry, says State Street op risk head
Setting up conduct risk units in a hurry may hamper op risk management
Top 100 Banks: Chinese growth continues
Data shows no link between size and op risk losses
Time running out to prepare for Mifid II changes
Getting to grips with new rules should be an op risk priority
Fatca's compliance demands spell trouble for outsourcers
Contracts may need overhauling to match tax-evasion law
Santander's Steve Bhatti on managing op risk at a diverse bank
Op risk chief talks AML, risk profiling, third parties and more
Sanctions compliance a struggle for banks
Banks facing wider sanctions and tougher enforcement
Haste makes waste in conduct risk spending
Efforts to prevent conduct failures may be misdirected
Dale leaves Bank of England for BP, and other recent job news
Chief economist moves to oil giant
Lloyds judgement underlines severity of rigging scandal
Rigging liquidity scheme payments adds insult to injury
UK regulatory penalties on course for record-breaking 2014
Financial Conduct Authority fines look likely to top 2013's £335m total
