Operational Risk & Regulation - Vol 7 No 10
Articles in this issue
We have the technology (but not the returns)
A recent survey by OR&C and Norkom has found that while AML and anti-fraud software is being implemented more widely, firms face challenges in extracting value from their systems. Ellen Davis reports
Massive robbery at Philly bank
LOSSES & LAWSUITS
Moscow shootings put Russian financial executives on alert
LOSSES & LAWSUITS
South African ‘hacker’ arrested for fraud
LOSSES & LAWSUITS
Three leave Morgan Stanley in aftermath of controversial email
LOSSES & LAWSUITS
Former HSBC banker appeals
LOSSES & LAWSUITS
FSA censures UK banks over unclear information
LOSSES & LAWSUITS
Salvatore Favata sued
LOSSES & LAWSUITS
Aftershocks of the Big Bang
At the end of October, the City of London celebrated the 20th anniversary of the 'Big Bang' – the first big deregulation of the financial services industry in the UK.
Lukewarm response to SOX legislation
CORPORATE GOVERNANCE
Reuters' outages help competitors
BUSINESS CONTINUITY
Scaling op risk management for SMIs: The ORM programme
In the continuing series of scaling operational risk practices, Eric Holmquist looks back on the series of topics for small to mid-sized institutions and discusses how to put it all together into an effective programme
Spreadsheets: a tool you can trust?
For more than two decades, spreadsheets have been the tool of choice for financial services firms. But do they contain hidden dangers? Dianne See Morrison reports
APRA publishes two op risk papers
MEASUREMENT
AMA diversity surprises experts
MEASUREMENT
What's happening and when
WHAT'S HAPPENING AND WHEN
US banks to miss SAR reporting deadline
FINANCIAL CRIME
Signs of uncertainty over Mifid
REGULATORY UPDATE
Fed governor urges calm over Basel II
REGULATORY UPDATE
Surprising success, new risks
Are HEDGE funds liable to become the next operational risk and compliance crisis? This is the question that regulators, investors and other market participants around the world are asking themselves in the wake of yet another prominent hedge fund…
'Weak and watered down' regulatory relief in US
REGULATORY UPDATE
FSA and CESR announce further Mifid plans
REGULATORY UPDATE
Changing hats
CHANGING HATS
Hidden dangers
Do op risk managers still care about the impact of reputational risk? Possibly not, reports Peter Madigan
Treasury pledges to fight terrorist funding
FINANCIAL CRIME
Preparing for the worst-case scenario
When unpredictable and cataclysmic events befall a business, its recovery systems must be up and ready to go, reports Duncan Wood
Lenders are facing great and unnecessary risk
REGULATORY UPDATE
