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Changing hats

Charles Fishkin is joining the US Securities and Exchange Commission (SEC) as director of the newly formed Office of Risk Assessment (ORA). Fishkin will manage the overall risk assessment programme, co-ordinating risk assessment activities across the agency, and will report directly to SEC chairman William Donaldson, who created the ORA last year.

Fishkin most recently served as vice-president of firm-wide risk at Fidelity Investments in Boston. In this capacity, he was part of the firm’s risk oversight unit, helping Fidelity manage risk across its businesses, including its mutual fund, brokerage and employee benefits units. He also serves on the board of directors of the International Association of Financial Engineers and helped found the

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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