Operational Risk & Regulation - Volume 11/Issue 12
Articles in this issue
Cebs says work on supervisory colleges is accelerating
Cebs secretary-general Arnoud Vossen, in an interview with Operational Risk & Regulation, says work on improving supervisory colleges is speeding up
Banks must keep non-execs 'up to speed' on risk, says consultancy
Protiviti head says the 'warp speed' of risk management means non-executive directors can struggle to keep up
Marco Moscadelli: The Bank of Italy man
After 20 years at Italy’s central bank, Marco Moscadelli knows his country’s banking industry well. But this hasn’t narrowed his focus, and pivotal roles on European supervisory bodies have also given him a say on how the operational risk is approached…
Reform needs broader view, says former Cesr head
Regulators need to look beyond capital structures to human issues, says Docters van Leeuwen
Basel provides guidance on the use of insurance as a mitigant
Insurance covered
IOR promotes development of KRIs in new guidance
Institute of Operational Risk says firms must use key risk indicators to assist decisions, not make them
Foreclosures failings could lead to 'second round of crisis'
Former US Senate special counsel predicts trouble for institutions struggling to foreclose mortgages
Shining a light on the flash crash
Flash cordons
Compensation: A political problem
Rulemakers are falling over themselves to introduce measures to link remuneration more closely with risk, in an effort to appease an irate public. But will their new rules work in practice, and will they have the desired effect of making compensation…
Market abuse and insider trading still seen as victimless crimes
Change of mentality needed to confront rise in insider trading says Baker Platt director
The top 10 operational risks to watch in 2011
Batten down the hatches
Suggestions of sabotage at LSE 'ridiculous' says IT consultancy
Source speculates LSE's two-hour closure in November probably due to software problems
Buckingham settles with SEC over charges of information misuse
Capital management firms settle with SEC over failing to prevent misuse of non-public information
Former Société Générale trader found guilty of HFT code theft
Samarth Agrawal on trial in Manhattan for theft of proprietary computer code from French bank
Hong Kong's SFC hands lifetime ban to jailed asset manager
Hong Kong managing director of Crown Asset Management banned from industry for life
IRS drops lawsuit against UBS on US tax evasion
UBS evades prosecution for tax evasion as US IRS drops charges
Two former Madoff employees arrested and charged with fraud
Madoff employees charged with creating false documents and trades, and misleading investors
Ghost brokers busted by UK Fraud Bureau
UK trio charged with insurance and tax fraud as well as money laundering
FSA consults on remuneration disclosure requirements
New consultancy paper from the UK FSA requires all firms to disclose their remuneration methodology under CRDIII.
Sponsored feature: The fight against financial crime – a post-crisis response
The fight against financial crime – a post-crisis response
Sponsored feature: The ultimate risk – flawed liquidity risk management
The ultimate risk – flawed liquidity risk management
A comprehensive risk and control self-assessment methodology
How to take control
Types of operational risk loss by event, October 2008 to October 2010
As in August, most losses in October fell into the ‘Clients, products and business practices’ category
