Federal Reserve and BIS publish op risk research
BOSTON AND BASEL -- Both the US Federal Reserve Bank of Boston and the Bank for International Settlements published important papers on operational risk in April.
The Boston Fed paper, which was authored by Linda Barriga and Eric Rosengren, provides an overview of US regulatory expectations around the operational risk capital charge before outlining current implementation issues that financial institutions face in putting an advanced measurement approach framework in place, including modelling challenges. It is part of the Innovations in Risk Management – Lessons from the Banking Industry series. The paper goes on to briefly outline some strategies for
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on Settlement risk
Margin settlement risk and its effect on CVA
Sponsored feature: CompatibL
CLS to replace core settlement system
Overhaul will leverage conventional technology rather than blockchain solution that underpins new CLSNet service
Netting no problem for blockchain, tech firms tell regulators
Firms say DLT can sit with current market practice, but instantaneous settlement 'not desirable'
Distributed ledger innovators imagine a world without CSDs
CSDs counter they fulfil functions blockchain cannot, and regulatory changes are needed to disintermediate them
Banks eye Traiana for EM forex netting service
Industry turns to utility as CLS emerging markets push stalls
Euroclear and Clearstream granted time to agree joint road map
Icma ERC continues to push for plans to improve Bridge settlement times
CLS facing obstacles adding RMB to its platform
RMB volumes set for growth but settlement remains an issue
FX clearing a priority for 2014, vows CLS chief
Working with banks and CCPs to facilitate central clearing of OTC forex options is 'high priority strategic initiative' for CLS this year, says chief executive David Puth
