Opinion/Risk management
The compliance implications of AIFMD
Managed expectations
Finding relationships between macroeconomic variables and losses
Multivariate analysis is a powerful tool for finding significant relationships between business environment and risk losses
Software risk is only part of the stability problem
Authors of their own destruction
The downgrade trigger trap
Trigger trap
Why CCPs are the new rating agencies – and pose the same risks
A clear alternative?
Growing AML raises privacy concerns: editorial
The challenge of AML continues to evolve, but banks need to beware of overreaching
Operational risk and the great financial crisis
Five years on, how much do we actually know about the op risk impact of the crisis?
What's the difference between issuers and borrowers?
Look beyond loans
Consent and chaos: Why the Islamic world faces decades of political risk
In many different guises, an ancient question still haunts human society: “What is the source of government legitimacy?” While this is largely settled in the Western industrial countries, David Rowe argues it is likely to disrupt parts of the Islamic…
Top 100 survey emphasises role of regulation: editorial
Fines are driving up op risk losses, and the pace of prosecutions is not slackening
Using scenario analysis in op risk management
A promising approach to the problem of incorporating scenario analysis into operational risk models
Editorial: Growing pains
Editorial: Growing pains
Reconciliation + regulation = complication
Incoming rules on portfolio reconciliation could encourage many derivatives users to outsource the process. But it’s not a simple short cut, warn Mike Pierides and Alistair Charleton of Pillsbury Winthrop Shaw Pittman
Wishful thinking, the eurozone, and François Hollande
Wishing won't make it so
Editorial: Accessibility vs vulnerability
In broadening customer access via mobile banking solutions, banks are opening themselves up to a new range of cyber threats
Operational risk management and productivity
Financial companies can benefit from analysis of the relationship between volume and production costs
Electoral shifts raise risk of European tipping point
Tipping point?
Editorial: Blowing in the wind
Editorial: Blowing in the wind
Operational risk within the organisational structure
A place in the sun
From Greek tragedy to Cypriot farce
The crisis in Cyprus may come to be seen as a turning point towards reduced moral hazard and a viable future for the euro, but David Rowe argues many pitfalls remain
Editorial: Operational risk in the regulatory spotlight
Attracting attention
Benefits and pitfalls of a risk taxonomy
Rigorous classification of operational risks can be the foundation of a good risk framework – but it's easy to get wrong, warns Marcelo Cruz
China and the challenge of creative destruction
If China is to continue its remarkable economic success of the past 30 years, it needs to tolerate and even encourage disruptive figures such as Steve Jobs. David Rowe argues that it is unclear whether the existing power structure is prepared to do so