OpRisk Europe: Implementation is key
Changing the rules
In June, Operational Risk & Regulation hosted its second conference of the year in London. Regulatory change was a focus of attention again this year, with the emphasis on how new high-level laws and directives would be translated into procedures – and the risks and pitfalls in this process.
Bernd Rummel, the principal policy expert at the European Banking Authority (EBA), described the EBA’s struggles in achieving Europe-wide rules.
The EBA is pushing to smooth out cross-border differences in
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