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OpRisk Asia: Business continuity more vital than ever, conference hears

Lean banks and financial institutions are more fragile in the face of disaster, warns Nomura business continuity head

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Modern financial businesses are far more vulnerable to business continuity risk than ever before, delegates at the OpRisk Asia conference in Singapore heard today. Willem Hoekstra, head of business continuity and corporate security at Nomura in Hong Kong, listed four factors that are exposing banks to unprecedented risk: widespread IT use means that small errors can have much larger and more rapid

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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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