Operational Risk & Regulation - September 2015
Articles in this issue
Success of cultural change rests with local managers – research
Employee perceptions are key to assessing risk culture at large banks
BIS starts work on forex code of conduct, led by Debelle
Working group aims to finalise code and enforcement methods by May 2017
Risk appetite touted as key foundation for risk culture
OpRisk Asia: 'Risk champions' should lead on cultural change, conference hears
Boards must take cyber seriously, says Isaca exec
OpRisk Asia: Cyber security group warns most directors are neglecting risk
'Glass-Steagall is back' – RBS op risk head
OpRisk Asia: New market structures have led to op risk primacy
New op risk capital approach has its own problems – Leipoldt
OpRisk Asia: Revised standardised approach an improvement but no panacea
Op risk recruiters spread the net wider
Boom in op risk means more places in front line
Iran deal takes sanctions compliance into unfamiliar territory
Banks likely to be cautious even after trade restarts
Top five losses: double hit for JP Morgan in op risk loss list
Operational risk loss data – July 2015
Wages of sin: Hayes trial highlights abuse of Libor weaknesses
Interest rate's governance and wider industry culture also in the dock
New UK anti-corruption unit plans close ties with banks
International Corruption Unit seeks to anticipate criminality
PPI now a minority of complaints to UK regulator
Less than half of complaints received by the FCA concern PPI mis-selling
Getting a conviction for Hayes was the least the SFO could do
The UK Serious Fraud Office had every advantage in the prosecution of Tom Hayes – even a taped confession. The next case may not be as easy
Post-Wheatley FCA may be friendlier to banks
Following Wheatley's sudden resignation from UK regulator, FCA could become more bank-friendly
UK banking regulator adds to board, and other recent job news
Thorburn and Bryson join PRA as independent board members
