Risk Identification - The Buck Stops…Where?


Internet banking is the latest twist in the growing dependence of financial institutions on technology vendors and service suppliers. It’s a trend that’s reshaping banking op risk, says Rob Jameson.

The Bank of Scotland said last month that it would become the first UK bank to offer wireless banking to its customers. The UK’s oldest clearing bank -- founded in 1695 -- is suddenly a trendsetter in Europe’s banking industry.

But the announcement underlined the reliance of today’s banks on third

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