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.
Temenos launches intelligence system for fraud prevention
Daily news headlines
Icap launches repo settlement facility to reduce counterparty risk
Daily news headlines
UK regulatory focus will hold firm on liquidity risk
Daily news headlines
Isda launches final stage of hard-wiring auction settlement
Daily news headlines
IMF releases report on initial lessons of the financial crisis
Daily news headlines
Op risk moving to heart of management decision-making
Daily news headlines
OpRisk & Compliance celebrates with '10 years of excellence' awards
10th Anniversary Awards
The UK FSA - Outstanding regulator
10th Anniversary Awards
Op risk in Basel II - Landmark development
10th Anniversary Awards
Deutsche Bank - Outstanding bank (Europe)
10th Anniversary Awards
RiskBusiness - Outstanding solution provider
10th Anniversary Awards
CBA - Outstanding bank (rest of world)
10th Anniversary Awards
Insurance in the AMA - Landmark development
10th Anniversary Awards
ORX - Outstanding association
10th Anniversary Awards
Algo First Database - Outstanding solution provider
10th Anniversary Awards
The history of op risk - The unsung hero
The history of op risk
Apra - Outstanding regulator
10th Anniversary Awards
JP Morgan - Outstanding bank (US)
10th Anniversary Awards
Life crisis
Operational risk
Court of Appeal rules on unfair bank charges
Daily news headlines
Iosco reports on outsourcing principles
Daily news headlines
Insurers eye up op risk expertise at banks
Daily news headlines
Markit addresses documentation risk
Daily news headlines