Office of the Comptroller of the Currency (OCC)
OCC warns of cyber threat to community banks
Regulator tells community banks to ensure threat is fully understood
The OCC’s Levonian on stress-testing
Stress-testing has become a vital tool for financial institutions and regulators, says the OCC’s senior deputy comptroller for economics
Vendor risk a growing concern for regulators
Vendor agenda
BNY Mellon, Goldman Sachs facing July swaps push-out deadline
Firms are among seven banks that will be subject to section 716 of the Dodd-Frank Act unless Federal Reserve gives relief
OpRisk North America 2013: video
Highlights from this year's OpRisk North America conference
Editorial: Operational risk in the regulatory spotlight
Attracting attention
OpRisk North America: Confusion remains between trading book and banking book definitions
International definitions of banks' trading book and banking book still woolly, keynote speaker Charles Taylor tells conference
OCC deputy urges banks: take resolution planning seriously
Banks need to implement resolution planning throughout their framework, regulator tells convention
Bank capital models need more consistency: OCC's Pasch
Regulators planning follow-up to trading book study that revealed huge variation in modelled RWA numbers
Changing hats – March 2013
Changing hats – March 2013
JP Morgan report confirms RWA reduction led to CIO loss
A misguided plan to reduce Basel 2.5 RWAs and a series of management failures combined to leave JP Morgan’s chief investment office with a $6 billion loss, the bank finds
No penalties for JP Morgan over $6 billion risk management failure and AML shortfalls
US regulators issue penalty-free consent orders, while the FSA promises investigation
OCC denies swaps push-out protection to non-US banks
Foreign banks have until July to push out derivatives activities after OCC guidance repeats Dodd-Frank drafting mistake
Section 716: The do-nothing approach
The do-nothing approach
US banking reports put compliance in the spotlight
Standard Chartered and HSBC attract attention for compliance failures
JP Morgan loss was bungled attempt to cut Basel III RWAs, says Dimon
Loss-making unit's RWAs would have tripled under Basel III, JP Morgan chief executive says - but attempting to cut capital burden made its hedges more complex
US and EU banks face different Basel III floors
Regulators propose overhaul of US capital framework in long-awaited response to Basel III and Basel 2.5 - but there are differences to the European version of the rules
OCC faces VAR vetting questions over JP Morgan loss
US regulator is responsible for signing off models used for regulatory capital purposes
Credit Risk USA: Real estate, rates and bank competition a concern, says OCC
Deputy comptroller gives sneak-preview of possible systemic threats that will be highlighted in a forthcoming OCC report
OpRisk North America highlights the limitations of risk management
Limits and boundaries
Ever heard of the WGMR?
Working Group on Margining Requirements is keeping a low profile
US dealers breathe easier as global uncleared margin rules take shape
The extraterritorial scope of US margin rules would have left US banks’ overseas swaps business in tatters, but an international working group looks set to deliver a reprieve by endorsing similar rules
OpRisk North America: Speakers question value of capital numbers
Op risk capital calculations might be flawed or irrelevant, conference hears