Europe’s op risk regulators to address current climate
Daily news headlines
Operational risks highlighted by recent market events discussed in detail at OpRisk Europe
LONDON - Europe’s top operational risk regulators – from the UK, Germany, Switzerland, Spain and other nations – are gathering in London on April 9 at OpRisk Europe 2008.
These regulators will be addressing a wide range of operational risk topics in light of recent market events, including the subprime crisis, Bear Stearns’ dramatic meltdown, and various rogue trading and market abuse scandals.
Paul Sharma, head of risk review at the UK’s Financial Services Authority, will be looking at how the discipline of operational risk is set to evolve for banks as well as insurers under Solvency II. Also from the FSA is Andrew Sheen, who will be exploring thorny home-host issues across European regulatory borders.
Maria Angeles Nieto, of the risk management models division at the Bank of Spain, Bernd Rummel, banking supervisor at Germany’s Bafin, and Martin Sprenger, head of the operational risk team at the Swiss Federal Banking Commission, are also on the programme.
Keynoting the second day of the conference is the US Federal Reserve’s Roger Cole. Cole, who is director of the division of banking supervision and regulation, will be speaking about operational risk implementation in the US – including the standardised approach and Pillar II – as well as the impact of, and lessons learned from, current market events.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on Regulation
Banks will not be frowned upon for discount window borrowing – Fed official
Risk Live: more banks have completed paperwork to access Fed lending facility than a year ago
Capital One puts OCC’s tough stance on mergers to the test
Proposed Discover deal should be approved but will go under the microscope, ex-regulators say
As FCMs dwindle, regulators fear systemic risk
Panellists highlight dangers of clearing membership becoming more concentrated
EU banks fear green asset ratios paint an unfair picture
Industry lobbyist clashes with lawmaker over usefulness of new sustainability disclosure
EU watchdogs to launch prop trader capital review in April
Prop traders say bank-style IFR rules are driving them out, but doubt EBA will suggest changes
Investors say new SEC disclosures may sit on shelf
Advisory committee questions value of rule 605 changes, even for retail investors
CFTC hears ‘call to action’ from swaps end-users on Basel III
Commissioner Pham mulls engaging with prudential regulators over capital hit on clearing
Iosco gears up for ‘intensive work’ on AI regulation
Watchdogs risk ‘falling behind the curve’, secretary-general warns; FSB also working on guidance
Most read
- As FCMs dwindle, regulators fear systemic risk
- Top 10 operational risks for 2024
- Top 10 op risks: AI fears drive cyber risk to record high