Operational Risk & Regulation - Volume 11/Issue 7

Sheen: The FSA's go-to guy for op risk

Andrew Sheen at the UK Financial Services Authority has rapidly become one of the most respected experts in operational risk, perhaps due to his clear vision of where the profession needs to go and what it must do to get there.

Op risk managers need to turn on the charm

Op risk practitioners are being asked to display more people skills, which will help them to embed an operational risk culture across their firms. But even the most charismatic of managers stand little chance of being promoted above their credit and…

Clear and present danger

Transparency is a concept that has been bandied about by banks a lot lately, usually when they know the press is watching. But just how transparent are banking practices, and just how clear is the Basel approach to operational risk?

Aon takes a measured approach to GRC implementation

Aon Corporation, a global provider of risk management services, insurance and reinsurance brokerage, has opted for a more measured approach to adopting a GRC platform by starting with an upgrade of its existing Sarbanes-Oxley (Sox) compliance system and…

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