Operational risk
ORR Innovation Awards: Bank of the Year
As well as very successfully navigating its way through the crisis, avoiding any major operational risk losses, BNP Paribas has incorporated two new subsidiaries into its risk management framework
ORR Innovation Awards: Initiative of the year
Revised ORX data reporting standards
ORR Innovation Awards: Paper of the year
Robust estimation of operational risk
Changing hats, March 2012
Sharon Bowles retains her role as chair of Econ in the EU, while Rosalind Tyson retires from the SEC and Chartis appoints a new CRO
Let’s hear it for the tail risks
We must recognise the value of the right-hand side of the loss data distribution
Industry calls for new approach to op risk capital
The AMA today
Expected problems
The capital reductions to be gained from properly assessing expected losses can’t be ignored, says Marcelo Cruz
Internal fraud climbs in public sector, PwC survey finds
PricewaterhouseCoopers (PwC) survey finds rising fraud levels, especially committed by insiders, and SAS monthly loss data shows financial services firms continued to suffer from ‘Clients, products and business practices’ issues in January
Italian bank boards: empowered, professional and accountable?
In Italy, bank governance is handicapped by the composition of the boards of directors, argues Federico Bottarelli Bernasconi
Suspected $150 million rogue trade uncovered at Threadneedle
City of London Police investigating blocked trade
Ex-Goldman Sachs programmer freed
Appeal court overturns conviction for code theft
New anti-money laundering recommendations 'will prompt weaker countries to clean up corruption'
Tax crimes to be punished by same laws as AML
Deloitte appoints three experts to banking and securities team
Big Four firm names new head of regulatory practice and two directors
Harcourt appoints van Houten as head of risk
CRO of Swiss investment firm to leave in May
The path to rogue trading
The rogue's path
Hedge fund manager charged in Galleon insider-trading case
Douglas Whitman illegally profited from tips on Google and Polycom, SEC says
Fatca statement adds to confusion
A statement released alongside draft Fatca regulations makes for further confusion, says expert
Industry split over draft Fatca regulations
Industry experts disagree on the effectiveness of the much-anticipated draft Fatca rules
UBS chairman steps down
Kaspar Villiger will leave the bank in May
UBS could 'get slammed' by FSA enforcement investigation
The FSA announces commencement of its formal investigation that could see UBS 'get slammed', according to one legal expert
Adoboli plea will complicate trial, say lawyers
'Not guilty' plea could be stalling tactic or attempt to spread guilt, lawyers say
Banks' AML procedures struggling under regulatory change
Experts warn that banks are unable to keep their AML programmes up to speed because of changes in regulation
Record fine for fraudulent CEO 'not enough', says expert
FSA fine for ex-JC FLowers chief executive 'does not show credible deterrence'
Sponsored webinar: A model approach – Examining operational risk capital modelling
A model approach – Examining operational risk capital modelling