Operational risk
Top 100 banks: regulators tighten their grip
Capital counts
Banks fear Fatca raises operational and systemic risks
Facing up to Fatca
Lessons from Japan: Communication key to business continuity
Disaster response
Types of operational risk loss by event, August 2009 to August 2011
The top five op risk loss events in August from SAS Software and an analysis of US banks' losses from the ABA Operational Loss Data Sharing Consortium
Axa Rosenberg clients 'betrayed' by co-founder
Clients of Axa-Rosenberg lost $217 million because its co-founder concealed an error in one of its models, regulator says
Video: BBA gives first, exclusive views on the ICB report
In an exclusive interview, the BBA discusses whether the ICB should have looked more closely at other separation models for its final report on financial stability in the UK
Credit risk boundary events to be a focus for regulators
The Basel Committee's Sigor group will spend time on credit risk-related operational risk loss events at its upcoming October meeting in Frankfurt
Regulators seek to change operational risk methodology at October meeting
High-severity events such as the $2.3 billion rogue trading loss at UBS have highlighted the low levels of operational risk regulatory capital firms are holding
AMA and loss data collection on the rise at US banks
More US banks expected to employ AMA, while new stress-testing proposals increase interest in operational risk quantification among smaller banks
UBS fraud: rogue trader followed in Kerviel's footsteps
Fraud went on for three years before detection, according to charges. UBS statement reveals similar pattern to SG rogue trader Jérôme Kerviel
Japan FSA’s simple formula for operational risk capital
A simple formula for operational risk capital
Market volatility may have brought UBS losses to light
The revelation of rogue trading at UBS follows a period of market volatility. That is nothing new, say risk managers
UBS rogue-trading losses reopen old wounds
The $2 billion loss, a second public incident in three years, undermines faith in UBS's internal controls
UK's ICB report a further complication for banks
The ICB's final report gives banks another layer of capital requirements to deal with
Foster pleads guilty to $22m fraud
Former vice-president of Citigroup's treasury finance department admits embezzlement
ICB's ring-fencing may spell the end for free banking
Industry experts fear ring-fencing of banks' retail operations as proposed in the ICB's interim report may spell the end for free banking in the UK
Insurers lack confidence in Solvency II data
Only 21% are highly confident about model data quality
LV= appoints Haynes as chief risk officer
Steve Haynes takes up chief risk officer post at LV=
Inclusion of legal losses in op risk databases has banks fretting
Banks worry Basel rules requiring legal events to be included in operational risk databases earlier might mean the information is used against them in legal proceedings
Banks face high costs for Fatca compliance
Banks might need to set aside up to 40% of their operations change budget to make themselves Fatca compliant
BBVA given deadline to improve AMA model
BBVA has been given until December 2011 to make improvements to its AMA model by the Bank of Spain, or will not obtain the capital savings the AMA allows
EBA to publish governance and op risk guidelines in September and October
EBA op risk specialist Bernd Rummel says the new European body has a busy schedule of work to implement CRD IV
ABI redundancies in the face of Solvency II
Shake-up will also entail "resourcing-up" Oric to help members prepare for internal op risk modelling
IIF calls for co-ordination in banking and insurance regulation
In its latest report, the IIF calls for cross-sector co-ordination in banking and insurance regulation