Operational risk
Don’t rush into regulating shadow banking sector, IIF warns
A new report from the IIF warns regulators to consider different approaches to shadow banking regulation
OpRisk Europe: Ring-fencing move will pose operational risks
The move to ring-fence UK retail banking operations will pose operational risks, Barclays’ group operational risk director tells conference
OpRisk Europe: Banks must be aware of HFT risks
Banks need to be conscious of the risks posed by their high-frequency trading business, says internal audit director at Barclays Bank
OpRisk Europe: Postpone Solvency II indefinitely, says Hansen
Former CRO of SEB Life calls for a moratorium on Solvency II implementation in order to enable insurers to focus on recovery
OpRisk Europe: FSA made a mistake with the AMA, panellist claims
The UK Financial Services Authority should have forced large, sophisticated banks to adopt the advanced measurement approach to operational risk, risk manager argues
OpRisk Europe: Capitalise on op risk interest, conference told
A current focus on operational risk by senior management should be grasped by op risk teams to make key improvements
OpRisk Europe: Keep the risk team small, panel says
Smaller op risk teams mean that the message gets across better, conference is told
OpRisk Europe: FSA’s Sheen warns on data quality
Operational risk managers need to bear in mind that loss data has limitations, says the FSA’s Andrew Sheen
OpRisk Europe: Biggest operational risk posed by people, survey finds
Respondents to a survey at the OpRisk Europe conference overwhelmingly point to people as the biggest operational risk
OpRisk Europe: Harmonised rules must preserve flexibility, panellists say
Speakers at OpRisk Europe conference call for balance between harmonisation and national freedom
GRC special report 2012
Operational Risk & Regulation looks at the growing governance, risk and compliance sector
Banks must prepare for more Fatca-style legislation, experts warn
The likelihood of Fatca-style legislation from other jurisdictions means banks must be prepared
Sponsored feature: Marsh Risk Consulting
Sound steps towards risk management
Fatca
Regulatory change is top of the priority list for op risk managers everywhere, and one of the most sweeping changes will be the US Foreign Account Tax Compliance Act (Fatca)
GRC special report: compliance costs
Sector faces compounded compliance costs
GRC special report: sponsored Q&A
Risk-based approach starts to turn heads
GRC special report: editor's letter
GRC interest heightens
Marcelo Cruz: Robust estimation
A number of recent papers submitted to the Journal of Operational Risk on robust estimation reflect the concerns of the op risk modelling community about the reliability of parameter estimation in severity distributions
Types of operational risk loss by event, April 2010 to April 2012
The top five op risk loss events in April
Chain reaction
JP Morgan provides regulators a timely example of just how much their new rules are needed
Regulation, quantification and cyber risk at Zurich
Why we quantify
Burns joins US SEC trading and markets
SEC appoints James Burns as deputy director in trading and markets division