Operational risk
Amir-Mokri appointed to US Treasury
Cyrus Amir-Mokri is the new assistant secretary for financial institutions at the US Treasury.
Zurich CRO warns of 'complacency about pandemic threat'
The financial industry must give more consideration to pandemic risk, says Scott
Interview: AXA’s op risk head on the group’s risk reforms
More than capital
US SEC slams Finra for altering documents
Finra must improve after misleading regulator, order says
Small banks need 'clear exit path' out of Tarp
Sigtarp has called on the US Treasury to aid smaller banks in exiting Tarp
SEC appoints two trading and markets associate directors
The US Securities and Exchange Commission has named heads of regulation for derivatives policy, and clearance and settlement
UK FSA 'lacks interest' in dialogue with industry over FCA
Industry insiders have warned a UK Treasury Select Committee hearing that the FSA has shown a distinct lack of interest in dialogue over the FCA
UBS 'rogue trading' prompts call for new regulation
Recent events at UBS have prompted one industry expert to call for a specific rogue-trading regulation
FBI arrests Gupta in Galleon insider-trading case
Rajat Gupta surrendered to the FBI on October 26 after being accused of leaking information to Galleon founder Raj Rajaratnam
Industry split over CCPs' ability to face new risks
There is discord in the industry over whether CCPs will be able to deal with the risks of clearing OTC derivatives as mandated by new regulation
Finra fines UBS $12 million for failing to adequately supervise short sales
Fine from Finra is latest indicator of UBS's control and supervisory issues
The Hartford appoints Rupp as chief risk officer
Fortune 500 group The Hartford appoints new executive vice-president and chief risk officer
Economic depression is world's top risk, says Towers Watson ranking
The global financial environment continues to show imbalances, and is not in a good position to withstand shocks, says Tim Hodgson
FSA fines Credit Suisse £5.95 million for failings in Scarp sales
Credit Suisse "deeply regrets" the systems and controls failings in its sale of Scarps between 2007 and 2009
Evans appointed as director of risk consulting at KPMG
Paul Evans has left Soca to join KPMG as a director of its UK risk consulting practice