Regulation: A top 10 op risk concern in 2016

In a series of interviews in November and December 2015, Risk.net spoke to chief risk officers, heads of operational risk and other op risk practitioners at financial services firms including banks, insurers and asset managers. Based on the op risk concerns most frequently identified by those practitioners, Risk.net presented its ranking of the Top 10 Operational Risks for 2016.

Regulation was resoundingly one of the top concerns for operational risk practitioners across the financial institutions and, in this Q&A video, Mark Kelly, director of professional service at Abide Financial, discusses the key issues around regulatory reporting concerning the industry right now, what the main practical implementations are – and the solutions available.

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