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Moody’s op risk guidelines hit 134 transactions in Europe

RMBS, CMBS and ABS deals placed on review list until September for op risk weaknesses

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Following the publication of its operational risk guidelines, Moody's has placed the ratings of 220 tranches in 134 European transactions on review for possible downgrade.

Global structured finance operational risk guidelines: Moody's approach to analysing performance disruption risk, published on March 2, focused on good practice in structured finance transactions, for example, having back-up

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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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