Operational risk
WHAT IS THIS? Operational risks are those arising from people, processes and systems – the biggest form of exposure for many industries, but one that was neglected by financial firms until the collapse of Barings Bank in 1995. It was added to the Basel capital framework in 2004, but attempts to model operational risk were dealt a heavy blow by the huge, unforeseen losses suffered by banks in the aftermath of the financial crisis.
Risk liquidity requirements diverge across borders
Daily news headlines
Fitch enhances analysis of banks' risk-based capital
Daily news headlines
The benefits of alignment
Business Process Management
Filling the Gulf
The Middle East
Seeking approval
New Product Approval Process
Banks resume multi-million dollar bonuses
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Compensation: What lies beneath
Compensation: What lies beneath
In the zone
Profile: Chris van Aanholt
Make amends
Risk Management
Causal Taxonomy: Cause celebre
Causal Taxonomy
Reputation biggest worry for asset management CROs
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House of Lords criticises statistical models for op risk management
Daily news headlines
Oblivious to danger
Risk governance