This study aims to test the sufficiency of the solvency capital requirement approach for calculating operational risk using the standard formula as defined in Solvency II.
The role of management accounting practices in operational risk management: the case of Palestinian commercial banks
This paper follows an exploratory, descriptive approach to investigate the role that management accounting practices plays in managing operational risks in the Palestinian commercial banking sector.
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Transition to new framework under Basel II pushes op risk to two-year high
Fighting Covid-19 in countries and operational risk in banks: similarities in risk management processes
This paper shows how banks managing operational risk and countries tackling Covid-19 could learn from each other to overcome obstacles in effectively mitigating major risks.
Sfr1bn increase expected to accrue over the next six months
Regulators are reluctant to specify cloud risks, despite warning of overreliance on three big providers
OpRisk North America: banks warned of “disconnect” between theory and practice
Tenfold increase in web-enabled devices via 5G and IoT means explosion in cyber threats, says official
OpRisk North America: Fed “trying to understand the best way to leverage cyber data”, says Curti
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Capital requirements set to rise almost 88% for those G-Sibs that don’t currently use the AMA
In the wake of the watershed breach, banks eye supply chain risk while talking down the hack’s impact
Output floor expected to push Tier 1 capital requirements up 7.3% alone, latest BCBS monitoring report shows
The stakes have never been higher when it comes to conduct risk. Regulators now look to hold senior managers personally liable for the misconduct of their employee populations and, with teams more globally dispersed, managing conduct and culture is more…
Recognising vendor excellence in credit, operational and enterprise-wide risk management
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Local banks will need permission to export any data that could end up in the hands of foreign law enforcement bodies
Deborah Hrvatin discusses integrated risk management, mega-hacks and model risk
Volatile markets, the pivot to remote working and the prevalence of private messaging are just some of the factors contributing to the rising risk of insider fraud. At a recent Risk.net webinar, an expert panel explored the challenges for banks and…
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Increase offsets the removal of Archegos-related capital add-on by Finma
This paper models an overall operational risk loss caused by the accumulation of intermediate losses incurred at each process via a mechanism of network contagion across distinct processes within the boundary of a bank.