Compliance
Bank consortium seeks to cure post-trade data ills
Project led by Societe Generale uses privacy-enhancing technologies to tackle data management problems
GFXC confirms zero hold times in last look
Chair says checks can’t be used to monitor client market impact – a “game changer” according to some
Model risk management: building trust and governance
As organisations increasingly rely on models that cover a wide range of business functions, there is an increasing need to create and maintain a comprehensive model inventory for enhanced collaboration and regulatory compliance across multiple regions…
New China data law threatens KYC efforts
Local banks will need permission to export any data that could end up in the hands of foreign law enforcement bodies
The race to digital resiliency – Building a robust data management framework
Addressing privacy concerns is not a new topic for data and analytics, but with the explosion of regulations and growing consumer concern around how data can and cannot be used, addressing compliance requirements is more important than ever
Unlocking the potential of a firm-wide and systematic approach to operational resilience
This webinar explores best practices in response to regulatory policy and supervisory guidance, offering practical approaches to achieve a mature and robust operational resilience programme
Green figures: EU funds search for sustainable taxonomy data
Fund managers must report compliance with taxonomy before many investee companies
A sharper focus on credit risk – Accessing Basel III SCRA data
The final Basel III framework will usher in a more nuanced approach to credit risk assessment. To address the challenges and benefit from the attendant opportunities, organisations need to be able to gather and manage the necessary data
Driving value from GRC
In today’s fast-changing business environment, an effective governance, risk and compliance (GRC) programme is increasingly seen as a foundation of agile decision-making. Michael Gibbs, chief executive officer of SureStep Systems Integration, discusses…
A European watchdog with more bark than bite
The European Central Bank’s soft approach could be storing up trouble for the future
People moves: new CRO at LCH, changes at Natixis investment bank, and more
Latest job changes across the industry
Sharpening risktech’s cutting edge – Maximising value from risktech investment
This Risk.net survey report, commissioned by Wolters Kluwer, explores the current challenges, priorities and trends influencing banks’ investment in risk technology, and assesses how they can drive better value in the future
Fighting financial fraud with AI
Risk and compliance professionals convened for a Risk.net webinar, How to successfully mitigate fraud – AI in action, in association with NICE Actimize to debate the use of artificial intelligence in the fight against fraud
EU benchmark drama set for cliffhanger end
Access to key FX rates due to be decided six months before potential cut-off
To offset US sanctions risk, banks bake in China loan clauses
Global lenders seek to hedge against the threat of US sanctions on China – which seems unlikely to ease under Biden
Op risk data: Firm-wide control fails cost Citi $400m
Also: Deutsche draws fire and AML fine over Danske trades. Data by ORX News
AML bill will swamp financial crime teams, banks warn
Proposed US legislation could force firms to run new and old systems in parallel, stretching resources
Mifid best execution relief for buy side hangs by a thread
Largest grouping in European Parliament faces uphill battle to suspend RTS 28 reporting
Banks warn of rise in ransomware attacks
OpRisk Europe: Banks must improve resilience of remote-working staff, says Wells Fargo financial crime expert
Escape from Emir? Not so fast, swaps users
Emir Refit, which seemed to promise reporting relief for corporate users, is not a master key
GRC product of the year: Financial Risk Solutions
Asia Risk Awards 2020
A risk-based approach to AML and financial crime risk in Asia‑Pacific
Financial institutions across Asia‑Pacific are grappling with fast-changing risks and digital transformation in their efforts against money launderers and financial criminals. Risk.net hosted a webinar in association with NICE Actimize to discuss the…
Basel sets out its stall on operational resilience
Body says banks expected to maintain critical services, but steers clear of setting compliance metrics