Operational risk
Bringing down the house
There is evidence to support the claim that the subprime mortgage crisis in the US may have had its roots in operational risk problems. But just what caused the crisis, and could it have been averted if the firms involved had robust op risk frameworks in…
Banking on a more advanced approach
AMA MODELS
The cream of the crop
OpRisk & Compliance Achievement Awards
In the line of fire
In the global fight against money laundering, financial institutions are developing various hi-tech weapons. Peter Madigan reports
Two steps forward ..
India Risk - Editor's letter
Spreading the risk
Technology
Risk information: science or art?
Industry experts gathered for a roundtable discussion in New York at the end of May to debate the ways firms acquire and use information about risks. Moderated by Ellen Davis
The trouble with GRC
Governance, risk and compliance is posing thorny challenges for many executives
Op risk can learn from Berlin's renaissance
I was in Berlin in June at a conference on business processes. Now, some people might think this is probably not how they would choose to spend their time. But the event was something of a revelation to me.
Achieving value through integrating GRC activities
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US Treasury wants regulatory overhaul
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EU Commission makes Mifid request to 24 countries
All but three of the EU’s 27 member states will receive formal requests to implement the Markets in Financial Instruments Directive (Mifid) by November this year.
LSE steps up Mifid offensive
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Poll reveals majority worry over Mifid best execution
Almost 60% of risk professionals surveyed were highly concerned about the best-execution clause included in the EU’s Markets in Financial Instruments Directive (Mifid).
RMA announces KRI monitoring service
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In the shadows
Booming over-the-counter derivatives markets may be generating huge revenues for dealers, but they are also casting a worrying shadow over trading book profits in the form of counterparty credit risk. Are contingent credit default swaps the answer?
Italian regulator establishes quant unit
Italy's Commissione Nazionale per le Societa e la Borsa (Consob), the regulator that oversees the country's securities markets, has created a stand-alone quantitative analysis unit.