Operational risk
OpRisk Europe: FSA’s Sheen warns on data quality
Operational risk managers need to bear in mind that loss data has limitations, says the FSA’s Andrew Sheen
OpRisk Europe: Biggest operational risk posed by people, survey finds
Respondents to a survey at the OpRisk Europe conference overwhelmingly point to people as the biggest operational risk
OpRisk Europe: Harmonised rules must preserve flexibility, panellists say
Speakers at OpRisk Europe conference call for balance between harmonisation and national freedom
GRC special report 2012
Operational Risk & Regulation looks at the growing governance, risk and compliance sector
Banks must prepare for more Fatca-style legislation, experts warn
The likelihood of Fatca-style legislation from other jurisdictions means banks must be prepared
Sponsored feature: Marsh Risk Consulting
Sound steps towards risk management
Fatca
Regulatory change is top of the priority list for op risk managers everywhere, and one of the most sweeping changes will be the US Foreign Account Tax Compliance Act (Fatca)
GRC special report: compliance costs
Sector faces compounded compliance costs
GRC special report: sponsored Q&A
Risk-based approach starts to turn heads
GRC special report: editor's letter
GRC interest heightens
Marcelo Cruz: Robust estimation
A number of recent papers submitted to the Journal of Operational Risk on robust estimation reflect the concerns of the op risk modelling community about the reliability of parameter estimation in severity distributions
Types of operational risk loss by event, April 2010 to April 2012
The top five op risk loss events in April
Chain reaction
JP Morgan provides regulators a timely example of just how much their new rules are needed
Regulation, quantification and cyber risk at Zurich
Why we quantify
Burns joins US SEC trading and markets
SEC appoints James Burns as deputy director in trading and markets division
IOR elects three new council members
Institute of Operational Risk appoints three new council members
SEC appoints deputy chief of staff
SEC appoints Erica Williams as deputy chief of staff
Banks spend 25% of compliance budget on overseas regulation
New research finds banks face steep extraterritorial compliance costs
Nixon joins IIF
IIF appoints deputy managing director
Insider fraud rising, but controls improving, survey suggests
Cifas study finds sharp rise in UK fraud by staff
GRC uptake increases, OpRisk survey finds
62% of institutions have opted for GRC software
Recovery and resolution diverting attention from real risks, expert warns
RRPs are distracting risk professionals, one legal expert says