Articles by Steve Marlin
Big four consultants help banks jump through CCAR hoops
US banks relying on small group of consulting firms to complete Fed's annual stress test
SEC prepares Dodd-Frank buy-side stress tests
Asset manager stress tests aim to measure fund liquidity and contagion risks
Banks brace for qualitative objections from CCAR
Fed stress tests tilt towards data, governance, internal controls and modelling techniques
European banks face steep op risk capital hike from SMA
Op risk accounts for 28% of US banks’ RWAs, compared with 12% at European banks
US public pensions failing on operational risk
Outdated systems and lax controls expose pension plans to 'operational failure'
Blockchain tipped as fix for margin segregation
ISAs could move to distributed ledgers within 18 months, Barclays technologist claims
Fed to use CCAR to push BCBS 239 compliance
"The stick they're wielding right now is around CCAR," says SunTrust executive
US DoJ reverses policy of withholding cyber-attack intelligence
Law enforcement failed to warn Heartland of 2009 security breach, says FS-ISAC’s Nelson
Conference hears fierce criticism of Basel op risk plans
Op risk professionals pour scorn on SMA charge, but some bank experts speak out in favour
Banks grapple with ‘unprecedented’ vendor risk rules
Firms cutting numbers of vendors and hiring more staff to oversee third-party relationships
Firms weigh impact of blockchain on post-trade services
Opportunity for using distributed ledgers in OTC market discussed at meeting held by CFTC
European regulators lag on model validation, top quant claims
Supervisors in mainland Europe are 'all over the map' on model validation, says Morgan Stanley's Jon Hill
Bank data executives split on BCBS 239 sanctions
HSBC's Mavroudis says fines are likely; Mizuho's Alvarez sees a measured response
CRO says NY Fed faces same op risks as commercial banks
“The predominant risks the bank faces have shifted since the end of the financial crisis,” says Rosenberg
Banks fear capital add-ons for BCBS 239 failures
Capital add-on is "a stick that's out there", says Santander's Goddard
Independent asset managers lag bank, insurer-owned peers on op risk
Capital requirements incentivise banks and insurers to enhance op risk management
Asset managers advance operational risk programmes
Independent asset management firms catching up with bank- and insurance-owned peers
Op risk experts question banks' cyber strategy
"Stupid hurts just as much as malicious," says Mark Clancy at DTCC
Dealing with data is key to compliance, banks find
New regulatory requirements mean pressure on aggregation
Op risk needs more weight in business decisions – NY Fed
Head of op risk supervisory team views tools as 'catalysts for change'
Options Clearing Corp faces pressures of systemic status
Disaster recovery and oversight key for utility's CRO
Business continuity tops the risk list for Options Clearing Corp
CRO explains how disasters have shaped his priorities
Op risk recruiters spread the net wider
Boom in op risk means more places in front line