Operational risk
Beating the clock on fraud
Internal fraud is rising, and investigating it can bring more problems - Nick Kochan looks at the traps to avoid
Tools for fraud prevention
Non-criminal responses to fraud, in many instances, can result in faster and more effective resolution of cases. Yet many firms are unaware of the full range of sanctions at their disposal
Culture, acquisitions and regulation at Scotiabank
An acquisitive spirit
Contract risks: getting it right
Contractual obligations
Range of practice in operational risk measurement
Rocky path to convergence
Problems multiply in sanctions compliance
Sanctions lift on Burma and tighten on Syria and Iran, creating risks in both areas
CROs must bypass glass ceilings, forum hears
Ferma conference hears that CROs must try to get access to senior management
Dyson appointed deputy chief information officer at SEC
Dyson’s brief involves updating IT systems
Banks recognise need for major culture shift, says FSA’s Turner
Chairman of the FSA uses annual Mansion House speech to highlight the issue of bank culture
FFIs facing legal conflict with Fatca compliance, experts warn
Jurisdictions with an intergovernmental agreement in place may find foreign financial institutions facing a legal conflict with Foreign Account Tax Compliance Act compliance
Stay cautious about business with Burma, banks warned
Sanctions have been lifted, but Burma is still high-risk
FSA flexing its muscles with RDR letter, observers say
A "Dear CEO" letter from the FSA on RDR is seen as a harbinger of its new interventionist stance
Adoboli colleague denies knowledge of ‘umbrella’ fund
Simon Taylor, a junior ETF trader alongside Adoboli, claims he never knew of hidden profits
Sponsored webinar: IBM
Achieving Solvency II compliance while increasing business performance
Libor governance to be put out to tender
The FSA confirmed today that the BBA will be stripped of its Libor powers
RDR guidance causing confusion, experts say
FSA guidance notes on the RDR need clarifying, industry experts warn
Libor in need of ‘massive makeover’, CFTC’s Chilton says
CFTC's Chilton says a complete overhaul of Libor is needed - including distancing it from the BBA
Fatca IGAs causing concern in US
Wake-up call
Out of the ashes: Portigon’s rise from WestLB
Out of the ashes
Credit risk structural models in op risk
An exposure-based method using a credit risk structural model may help operational risk managers predict underwriter litigations. By Patricia Rosa
Near-record high in complaints in 2011, FSA data shows
Near-record high in complaints in 2011, FSA data shows
More risk at the top table
Top 100 banks
Adoboli's fellow trader knew about off-book profits, court hears
Others on the ETF desk were aware that alleged UBS rogue trader was hiding profits in an "umbrella" account, court hears
Knight Capital creates CRO role after $440 million losses
Following losses because of a rogue algorithm, Knight Capital creates new roles