Delayed reporting form means requirements for Barclays and Credit Suisse could change twice in 2020
Big eight banks grow by 1.5% in aggregate in Q2
Values used for seven of 12 systemic risk indicators climb year-on-year
Proposed traffic light system sifts through transaction data for signs of trouble
Aggregate 20% drop in level 3 assets and 7% decrease in intra-financial system liabilities reported in 2017
The objective of this paper is to select effective risk indicators and thus establish a risk index system of P2P platforms so as to evaluate the risk performance of these platforms in China.
EU banks record 16% fall in non-cleared swaps, while US dealers see 9% growth
Intra-financial system assets and liabilities drop 19.6% and 13.5%, respectively
Many funds have lost confidence in traditional ways of measuring political risk
Most banks fail to establish explicit link between KRIs and identified risk exposures
Risk ratings ignore soft barrier protection and make differentiation difficult
European authorities’ risk scale “too conservative”, says trade body
This paper discusses the violation of applicable firm guidelines by individuals employed by a bank or financial institution and suggests specific metrics to identify and prevent such behaviour.
Consultation responses expose fault lines between banks and insurers
Basel Committee considers recalibrating the simpler approaches to op risk measurement but says changes will happen later rather than sooner
Convergence is a clear goal for many in the industry, but uniform implementation is proving tricky, finds the latest survey from OpRisk & Compliance and Ernst & Young
Since 1999, Peter Hughes has led a team of op risk specialists that has studied transaction processing environments in global banking organisations. The focus was on examining and understanding the causes of operational failure. The information and…
Operational risk management is a management programme, not just a modelling exercise, according to Jonathan Howitt, director of operational risk at investment bank Dresdner Kleinwort Wasserstein in London.
Indicators of operational risk are not for the faint of heart, nor are they necessarily bearers of good news. But used properly and effectively, they can help businesses identify potential losses before they happen.
There's little surprise, but reactions still range from cautious approval to outright hostility. And all sides agree that some very big loose ends remain to be tied up on a very tight schedule.