Operational risk
The rotten core
The US is now closely examining the root causes of the subprime crisis, including mis-selling, fraud, poor internal controls and perverse incentive schemes. David Benyon explores these issues, and some potential solutions
Transferring success
Insurance
Rethinking (operational) risk management
For operational risk managers to really make a difference to their firms' fortunes, they must be willing to get their hands dirty and face facts, no matter how scary the facts may be, says Sergio Scandizzo, in the second of a two-part series
Back to processes
Business Processes
The wisdom of prudence
ERM in emerging Europe
Naked to the extreme
Extreme Events
Compensation culture
Incentive Risk
Meeting the challenges of internal models
Featured Article
Chinese banks seek global standards
Risk management
Reporting for duty
Reporting
Stable doors and bolting horses
Editor's Letter
MAS: three steps to better risk management
Daily news headlines
APRA releases risk requirements for general insurers
Daily news headlines
Bankers' incentives blamed for crisis
In the wake of the credit crisis, senior bankers and regulators are considering changes to incentive programmes, which might have encouraged traders to make short-term bets without considering long-term risks.
CEBS consults on diversification benefits of internal models
Daily news headlines
FDIC approves Basel II standardised approach
Daily news headlines
Small US banks free to pursue Basel II standardised approaches
The Federal Reserve has announced it will permit smaller US financial institutions to implement the standardised approach for Basel II compliance, acknowledging misgivings raised by banks over previous proposals.
Mifid a failure say some traders
Daily news headlines