Fraud, embezzlement, tax evasion, subprime (still) and rogue trading – and Citi crops up twice. Data by ORX News
As the efficiency of operational risk management remains a top priority and pressure to maximise value increases, emerging technology could prove crucial. Nitish Idnani, leader of oprisk management services at Deloitte, explores how the oprisk management…
As the current approach to financial crime monitoring and investigation pushes financial firms’ resources to the limit, IBM assesses the key challenges and potential risks of current anti-money laundering and customer due diligence processes, and…
Thomas Lee, chief executive and co-founder of Vivo Security – a start-up firm based in Silicon Valley and sponsors at OpRisk North America – talks about how special the banking industry is to Vivo Security and why its approach to model risk management…
Breakdown of top five loss events, plus spotlight on Sweden’s largest ever phishing attack. Data by ORX News
Timothy Clark rebuffs US Treasury recommendations; supports more transparency
Expansion of scheme will bring 47,000 firms in scope; compliance and recruitment costs set to rise
Bank Negara Malaysia says it will continue to work with international agencies over alleged fraud
Breakdown of top five loss events, plus ECB’s Ireland fine and mortgage losses in Spain. Data by ORX News
Read Risk.net's coverage on the controversial move to the standardised measurement approach
Finma to rule on whether divesting businesses can reduce op risk RWAs
Matt Pountain, product lead and deputy general manager at Broadridge Financial Solutions, discusses what market requirements his firm has addressed this year and how it has innovated its post-trade management solution to earn the title of Best Newcomer…
Collin Coleman, head of NEX Regulatory Reporting, discusses the complications that arise from converging reporting regimes as well as how NEX Regulatory Reporting can offer advice to firms and share their regulation compliance burden.
Eric Berdeaux, chief executive officer of Oxial, shares his thoughts on the digital innovation in operational risk and compliance and what the biggest challenges Oxial clients are facing right now within compliance.
Jodi Richard, chief operational risk officer, discusses the bank being named Bank of the year in the 2017 Operational Risk Awards.
Repapering of existing contracts could stretch beyond May 2018, forcing dealers to rely on regulatory forbearance
Sponsored Q&A: NEX Regulatory Reporting
Proposed forward-looking approach would permit internal modelling, but penalise banks if losses exceed estimates
Content provided by IBM
Content provided by IBM
Future of op risk modelling a hot topic at conference, along with evolving three lines of defence framework
Regulator says banks have good track record overall, but exams reveal weaknesses
Lack of loss data means predictions are a problem