Operational risk
Sigor consults on new AMA supervisory guidelines
AMA range of practices tackled in new Sigor paper.
Industry doubts disclosure will drive remuneration reform
Think tank CSFI unsure of merits of transparency as focus on remuneration grows
SocGen studies hedge fund fraud to reduce risk
French bank completes statistical study on statistical properties of fraudulent funds
UK government responds to industry criticism of regulatory restructure
HM Treasury issues consultation summary on proposed changes to financial oversight in UK
FSA forced to admit 96 staff exits in Q3
UK regulator admits it lost staff in the third quarter of 2010.
Inefficiency in reporting costing institutions more than 700 days a year
Consultancy says duplication of reporting and poor compliance oversight is costing banks massively
Types of operational risk loss by event, October 2008 to October 2010
As in August, most losses in October fell into the ‘Clients, products and business practices’ category
A comprehensive risk and control self-assessment methodology
How to take control
Marco Moscadelli: The Bank of Italy man
After 20 years at Italy’s central bank, Marco Moscadelli knows his country’s banking industry well. But this hasn’t narrowed his focus, and pivotal roles on European supervisory bodies have also given him a say on how the operational risk is approached…
Shining a light on the flash crash
Flash cordons
The top 10 operational risks to watch in 2011
Batten down the hatches
Sponsored feature: The fight against financial crime – a post-crisis response
The fight against financial crime – a post-crisis response
Dodd-Frank slows down full implementation of Basel II
Contradictions in the US regulations slowing down exit from Basel II parallel run
Sponsored feature: The ultimate risk – flawed liquidity risk management
The ultimate risk – flawed liquidity risk management
Compensation: A political problem
Rulemakers are falling over themselves to introduce measures to link remuneration more closely with risk, in an effort to appease an irate public. But will their new rules work in practice, and will they have the desired effect of making compensation…
Basel provides guidance on the use of insurance as a mitigant
Insurance covered
Ghost brokers busted by UK Fraud Bureau
UK trio charged with insurance and tax fraud as well as money laundering
Two former Madoff employees arrested and charged with fraud
Madoff employees charged with creating false documents and trades, and misleading investors
IRS drops lawsuit against UBS on US tax evasion
UBS evades prosecution for tax evasion as US IRS drops charges
Hong Kong's SFC hands lifetime ban to jailed asset manager
Hong Kong managing director of Crown Asset Management banned from industry for life
Former Société Générale trader found guilty of HFT code theft
Samarth Agrawal on trial in Manhattan for theft of proprietary computer code from French bank
South Korea regulator to investigate potential 'unfair selling' by Deutsche
Deutsche Bank under scrutiny by the Financial Supervisory Service for alleged unfair selling
Buckingham settles with SEC over charges of information misuse
Capital management firms settle with SEC over failing to prevent misuse of non-public information