Operational Risk & Regulation - Vol 8 No 3
Articles in this issue
Trigon Pensions fined for failing to monitor subsidiary
LOSSES & LAWSUITS
Six can fix it
Op risk executives get visibly animated when discussing the subject of Six Sigma, but not many are taking advantage of it. Ellen Davis asks why
GAO report: common sense with a twist
The new report from the US's Government Accountability Office has much common sense in it.
Nationwide fined £980,000 for information security lapses
LOSSES & LAWSUITS
BoA signs leniency agreement with US Department of Justice
LOSSES & LAWSUITS
SocGen decision praised by Isda
LOSSES & LAWSUITS
Driving shareholder value using Six Sigma
SPONSORED STATEMENT
FSA to assist trade bodies committed to PBR
REGULATORY UPDATE
Gait marches towards greater security
MANAGEMENT
Basel Committee releases cross-border paper
REGULATORY UPDATE
Belated US Basel II guidance finally released
COVER STORY
Risk managers: rainbow warriors?
Corporate social responsibility is an oft-bandied term among big business, but frustratingly hard to define. Peter Madigan looks at the risk issues for banks and what risk and compliance executives need to know
Bumf and bumf-ability
Each time a directive is altered in the run-up to implementation, the resulting rewording and reprinting of documentation can prove almost as challenging as getting the changes accepted by the industry. When that directive is as large as Mifid, a whole…
ID theft is the most common consumer fraud
FINANCIAL CRIME
Paper claims Basel II could drive corruption
CORPORATE GOVERNANCE
IIMG proposes Lamfalussy improvements
REGULATORY UPDATE
Resolving the confusion
Risk control self-assessments have become a Tower of Babel for the op risk discipline, with a variety of different approaches being taken. Ellen Davis reports
GRC - the hot new operational risk product
MEASUREMENT
GAO supports Basel II; chides US regulators
COVER STORY
A call to compliance
Mifid, Basel II, SOX - the pace of regulatory change has increased substantially over the past few years, which has led to the large-scale expansion of compliance departments for financial services firms. But the recruitment market is finding it hard to…
Two heads are better than one
Glenn Christensen of Synovus Financial Corp. introduces an enterprise risk management strategy known as the Bifurcated ERM Methodology
Bahrain issues Basel II consultation paper
REGULATORY UPDATE
Global warming: a new risk for firms
MANAGEMENT
March 2007
CHANGING HATS
FSA and CESR make preparations for Mifid
REGULATORY UPDATE
Harnessing our differences
In the first of a series, Eric Holmquist considers the characteristics, challenges and opportunities in developing a risk culture
