Credit Suisse losses show why boards require real risk management expertise, says ex-BoE supervisor
Risk managers cite data compromise, theft & fraud and third-party risk among other top worries
Asic criticises boards and management for immature oversight of op risks
Survey of 24 large Apac bank board risk committees shows dearth of risk managers
Focus on personal liability makes risk committees a more effective challenge, say banks
Most boards still lack career risk specialists despite tighter governance requirements
Only four former CROs are members of committees at 15 large banks, same total as 2012
This paper expands on the foundation of model risk analytics to address the governance, organizational and human behavior challenges associated with enterprise MRM.
CTA unflapped by Greece and unimpressed by regulatory uncertainty in Chinese futures
Thomas Friang sets out vulnerabilities of financial institutions at OpRisk Europe
Despite massive investment in human capital and technical resources, risk managers failed to warn about the dangers of toxic assets and excessive leverage in the run-up to the global financial crisis. Their lack of authority is partly to blame, writes…
Getting timely and relevant risk-related information is a problem for Asian buy-side firms
A committed committee?