Operational risk
AMA uncertainty hindering widespread adoption among banks
Some banks shy away from the op risk method under review
Regulators defend AMA as a process to manage op risk
Modelling operational risk capital provides insight into banks’ weak spots
Cyber insurance targets wayward threat – as best it can
Questions over policy design and coverage blight nascent industry
SEC guidelines on insider trading cases under fire
Appeals court reins in SEC over insider trading
Pending EU data law may trigger class action against firms, say lawyers
Group litigation will force boards to focus on cyber risk
Regulation makes data top concern for energy traders
Firms worry about integrating data for EU and US trade reporting rules
Is reputation risk overstated?
Operational incidents do not always give firms a bad name
Banks and brokers at loggerheads over Swiss franc fallout
Banks and forex retail brokers argue over repricing of trades
Central bank chief welcomes code of conduct for Hong Kong bankers
Banks agree code designed to improve culture and protect consumers
Bitcoin technology could slash transaction risk in banking
Using cryptography to validate transactions may transform finance
Top five losses: compliance failures dog banks
Operational risk loss data – January 2015
Judgement-led approach to conduct risk capital draws criticism
Proposal by UK banking watchdog receives mixed initial response
Hit the floor: banks fear Basel curbs for capital models
Regulators argue a backstop is needed to avoid too-low modelled numbers
Conduct risk: put customers first says Eiopa's Bernardino
Regulatory scrutiny will go deeper than point of sale
Banks struggle with tough rules on beneficial ownership
New systems and processes necessary to prevent illicit money flows
Weavering's Peterson jailed for $500m swaps fraud
Due diligence should have raised investors’ suspicions
Proposed UK fraud law takes aim at companies
Firms could be prosecuted for failing to prevent economic crime
One in 12 alternative firms to face SEC action
In 2013 SEC increased formal orders of investigations by 20%
Barclays attempted to cancel Swiss franc trades
British bank tried to renege on counterparty trades, sources say
Basel floors must be below 75% to preserve models, banks say
Regulators plan to floor modelled capital at a percentage of standardised approaches
UK banking reform and the Senior Managers Regime
2015 rules promise oversight increase
Cyber risk insurers say back data has reached critical mass
Insurers can now sharpen forecasts and improve policies against cyber crime
UK's FCA to act earlier to counter charges of retrospective regulation
Regulator reacts to complaints but defends right to change its mind
Market manipulation push is widening the compliance gap
Aggressive pursuit of wrongdoing harms market efficiency and competition