Operational Risk & Regulation - Volume 11/Issue 11
Articles in this issue
Kerviel sentence and fine 'laughable', says consultant
French rogue trader floored by decision for him to repay up to €4.9 billion
Andrew Sheen moves roles within the FSA
Sheen moves from op risk policy to the prudential risk department of the UK Financial Services Authority.
Cebs issues finalised guidelines on op risk in market activities
Cebs op risk guidance finally finds favour
EC's Barnier unveils new college approach to bank crisis resolution
European Commission proposals of extensive new powers at odds with Basel vision of colleges, and Cebs' new assessment of success of information-sharing initiatives
HSBC issued with cease-and-desist order for AML failures
HSBC's North American arm accused of deficiencies in compliance
FSA fines two mortgage brokers at Pace Financial £400,000
Two banned from working in financial services after submitting false and misleading information to secure mortgages
Dallas star Larry Hagman awarded $11.5 million payout
Actor claims Citigroup breached fiduciary duty
Hedge fund manager guilty of $7m insider-trading scheme
Joseph Contorinis used inside information about mergers and acquisitions to execute trades
Citigroup rejects discrimination claims as lawsuit launched
Bank accused of suffering from a 'boys’ club' mentality
Countrywide chief executive hit with record fine
Mozilo agrees $22.5 million settlement with SEC over charges of misleading investors
EU's Barnier: high-frequency trading needs extra regulation
EU puts high-frequency trading on the block
Malmgren tells IOR: Op risk managers should track geopolitical developments
Geopolitical developments feed into op risk
Fese's Inel: Mifid II must focus over-the-counter transaction reporting
Fese: Mifid II must focus on deals in over-the-counter markets
PwC partner: Basel's remuneration paper gives banks cause for concern
Firms worried by Basel Committee’s remuneration proposal
UK FSA outlines aims to promote good governance through SIF regime
UK FSA switches focus to ‘governance in action’
Changing Hats, November 2010
Changing Hats
Leonard joins DTCC as head of op risk
Depository Trust & Clearing Corporation appoints Andrew Leonard as managing director and head of operational risk
Gulf One's Rowan: Op risk value lies in strategy
The thinker
Op risk appetite: Do firms have a balanced diet?
A balanced diet?
Product suitability top concern for Asia op risk managers
A suitable ploy
Demand for consultants increases amid heavy regulation
Regulation education
Mexico faces risks in fight against money laundering
Fight and flight
Operational Risk & Regulation data, November 2010
Analysis of operational risk loss events
Pfandbrief market benefits from resilience of German sovereign
A German exemplar