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Operational risk

Subprime crisis shows why firms need ORM

It's hard to not be a bit worried by the subprime crisis and the spin-off events that have cascaded through the financial markets over the past few weeks. And it is ironic that the crisis kicked off in the US, where regulators have made such an unholy…

The urge to converge

Convergence is a clear goal for many in the industry, but uniform implementation is proving tricky, finds the latest survey from OpRisk & Compliance and Ernst & Young

The best possible outcome...

Whether trading on exchanges or outside their boundaries, managers will find themselves compelled by the Markets in Financial Instruments Directive to ensure they are measuring, achieving and monitoring 'best execution.' But London lawyers counsel…

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