Opinion/Risk management
Big plans for derivatives termination stays – the BoE view
Stays will extend to buy-side, repo, and securities lending, says BoE’s Gracie
Traders and politicians can learn from dead pilots
Trading portfolios are easily mishandled, as are Europe's economies
Collateral damage: what HSBC's troubles mean for AMA
HSBC affair highlights a problem with modelling op risk capital
Is reputation risk overstated?
Operational incidents do not always give firms a bad name
An idea whose time has come?
Discussions about whether to break up Sifis have hit the mainstream
One in 12 alternative firms to face SEC action
In 2013 SEC increased formal orders of investigations by 20%
UK banking reform and the Senior Managers Regime
2015 rules promise oversight increase
Market manipulation push is widening the compliance gap
Aggressive pursuit of wrongdoing harms market efficiency and competition
Crypto-currencies pose risk management questions for banks
Uncertainty reigns over the legal and accounting status of currencies such as bitcoin and their regulation
Op risk benefits from looking outside the office
Air safety and epidemics are all relevant to bank ORM
End of the bumping grind?
In quest for processing power, banks are choosing 'unnatural' calculus over fancy chips
The era of computational abundance – and its risks
Financial firms should plan for a time when they have more computing power than they need
Six steps for preventive KRIs
A step-by-step guide on how to establish a suite of key risk indicators which can help prevent systems or process failures
Approaches to reputation risk vary around the world – survey
Studies find wide spread of management methods
The rough road to reform in 2015
Cultural change will be on the agenda in 2015 – and it won't be easy
Human resource management key to minimising 'people risk'
HR needs to have closer ties to op risk – both would benefit
Rethinking investor protection in central clearing revolution
Automation and straight-through processing required to protect investors
In-depth introduction: Expected shortfall
Weird or pragmatic: VAR-based back-tests for expected shortfall
Today's fines will scare off tomorrow's white knights
Acquirers are being punished for actions they had no control over
Hull and White on the pros and cons of expected shortfall
Expected shortfall may be more conservative than VAR, but there are backtesting and stability concerns
Fixing the cognitive problems at the root of the crisis
Decision-making failures are being tackled in three very different ways
ECB should focus on CDS spreads, not inflation
Eurozone quanto CDS spreads reveal market views on break-up risks
UK has reached the limits of ambiguity
The nation's politics and institutions embody Knightian uncertainty
Culture clash: The reasons behind risk culture failure
The dangers of complacency, excessive risk and management failures