Operational risk
Top five losses: Citi pays $730m to MBS investors
Operational risk loss data – March 2013
2013 Operational Risk & Regulation Awards
Our awards this year recognise achievement in the area of regulatory compliance – and, for the first time, we are including not only operational risk practitioners, but also the service providers and software suppliers who support them
Operational risk software provider of the year: Thomson Reuters
Focus on risk culture is a priority for many institutions in 2013, and our award winner Thomson Reuters provides the tools to enable clients to achieve this
Bank of the year: UniCredit
Improvements to AMA model and a new risk group are bearing fruit for 2013's winning bank of the year
Consultancy of the year: Ernst & Young
Enterprise-wide focus is the wave of the future, consultants find
Law firm of the year: Morrison & Foerster
OR&R recognises a law firm that successfully guided clients through regulatory confusion and the interpretation of sometimes competing items of financial legislation
Fraud and financial crime software provider of the year: BAE Systems Detica
Fraud and financial crime software provider of the year: BAE Systems Detica
Paper of the year: JD Opdyke and Alexander Cavallo
Paper of the year: JD Opdyke and Alexander Cavallo
GRC platform of the year: MetricStream
GRC platform of the year: MetricStream
Op risk fears as OTC clearing gathers steam
The OTC market's complex new structure will lead to operational glitches, conference participants warn
Volcker still likely to cause damage, expert warns
US banks remain highly cautious about the impact of Volcker rule, industry expert says
Benefits and pitfalls of a risk taxonomy
Rigorous classification of operational risks can be the foundation of a good risk framework – but it's easy to get wrong, warns Marcelo Cruz
OpRisk North America: Internal controls useless against collusion, fraud expert warns
Banks must look beyond internal controls to deal with the risk of internal fraud
OpRisk North America: Disconnect between op risk and compliance functions damaging business efficiency
Business units in banks are being asked the same question too many times, op risk heads warn
OpRisk North America: Regulator warns industry to get implementation of Dodd-Frank right
Implementation of Dodd-Frank Act raises op risk concerns, conference hears
OpRisk North America: Cyber interconnectivity causing systemic risk
Banks must be aware of the risks of data transfer, conference is warned
OpRisk North America: Financial crisis has elevated status of op risk managers
Post-crisis, the value of op risk managers is clear, conference hears
OpRisk North America: Banking industry failed to tackle parallel runs, says regulator
Failure is a "black eye" for US financial sector, according to Federal Reserve Bank of Richmond unit head
OpRisk North America: Billion dollar losses are the result of op risk failure
A rising tide of billion dollar losses, penalties and writedowns are a consequence of years of hubris, UBS's Julian Fry says
OpRisk North America: Risk managers must fight herd mentality, Sexton warns
Keynote speaker highlights dangers of group-think