Operational risk
HKMA issues incident response and management procedures
HKMA reminds firms of their requirements in response to incidents affecting customers
Europe hikes capital rules, slashes banker bonuses
Legislation adopted by European Parliament requires banks hold up to four times more capital to protect against trading risk; half of bankers’ bonuses to be paid in contingent capital
DBS Bank suffers IT outage
Singaporean bank suffers IT collapse of front-line and back-up systems
Cebs updates operational risk market guidelines
New paper in response to feedback “an improvement”
Indian loss data consortium Cordex ready to float
The long-expected Indian op risk loss database is in the process of being floated as a private limited company
Aon takes a measured approach to GRC implementation
Aon Corporation, a global provider of risk management services, insurance and reinsurance brokerage, has opted for a more measured approach to adopting a GRC platform by starting with an upgrade of its existing Sarbanes-Oxley (Sox) compliance system and…
Liquidity risk management: Managing the challenges of stress-testing
This webinar discusses best practice in stress-testing a liquidity risk framework and how firms can find the business benefit from the new liquidity risk management requirements
Gap between PR on safety & reality hit BP
BP has been accused of negligence and arrogance following the Deepwater Horizon disaster. Alex Davis examines the central role energy sector reputational risk management must now play
MD of supervision to leave FSA before restructure in 2011
Jon Pain to step down from UK regulator before proposed changes take effect next year
Sponsored webinar: Improving risk governance throughout the organisation
Regulators and legislators are pushing for improvements in risk governance and reporting at financial institutions; firms simply cannot afford not to strengthen their governance and reporting frameworks. Victoria Tozer-Pennington reports
Governance, risk & compliance sponsored roundtable: Taking a holistic approach
A panel convened by Operational Risk & Regulation talks candidly about how the concept of governance, risk & compliance has been slow to gain traction in the industry. But, despite the challenges of implementing a holistic framework, the benefits can be…
