Operational risk
Op risk in Canada: a recipe for success
Oh, Canada
The ORR 20: Compliance software rankings 2011
GRC is back
Firms face heightened op risk while implementing US CCP rules
Through a glass darkly
Citi's Wertheim: Operational risk function must detect to protect
Detective stories
Fed to kick off annual stress-testing programme 'towards end of the year'
FRB building models to compare and benchmark bank results from late 2011
Mortage company chair convicted on 14 counts of fraud
Sigtarp says: "This is the most significant criminal prosecution to date rising out of the financial crisis"
Sentences handed down in Omni fraud case
Delroy Davy convicted of bank fraud, sentenced to 14 years in prison
SEC charges three execs in California with boiler room fraud
mUrgent Corporation and three of its executives charged with $10 million fraud
UBS ordered to pay $160 million in fines by SEC
Swiss bank charged with undermining the competitive bid process of municipal securities
British banks ring-fence more than £5 billion for PPI compensation payouts
Banks will not appeal decision of judicial review regarding complaints against them and have set money aside for settlements
SEC appoints director for national broker-dealer examination programme
Will oversee a staff of about 300 responsible for the inspections of US-based broker-dealers
Poulos joins Citi as global head of business continuity
Says crisis management is 'vital' part of new role
Firms could face Bribery Act prosecution over FCPA compliance
UK regulators could use documentation provided to US counterparts as evidence of facilitation payments
AIB refunds €8 million to ATM customers
Billing errors have caused Allied Irish Bank to rethink its ATM anti-fraud strategy
Rajaratnam: 'The Wire' meets Wall Street
OR&R speaks to lawyers on both sides of the Atlantic to divine the implications of the largest insider-trading conviction of all time
Sheer volume of new regulations is 'risk in itself'
Banks struggling to cope with implementing the wave of new legislation might miss indications of another crisis
BCBS issues final version of report on financial sector pay
Basel Committee on Banking Supervision reveals risk-adjusted remuneration report; urges large firms to move away from remunerating employees based purely on profits
Bribery Act requirements just good business practice, says consultancy
Kroll chair, Tommy Helsby, says firms should already have most systems in place and implementing better procedures will benefit businesses
Sigor plans new LDCE to capture operational risk losses since crisis
Working group is also considering raising betas in the Basel II standardised approach to encourage movement towards the AMA, but some say this is not the answer
More detail needed on new UK regulatory regime
At a briefing in London, consultants Bovill called for more clarity about how the new UK regulatory regime will operate in practice
Information management problems hurting institutions, says study
Financial institutions struggling to address issues around document control and email management
IIF report states need for bank 'bail-ins'
Institute of International Finance says the mechanisms it is proposing will protect the taxpayer from losses
Alternative Fund Administration Survey 2011
Alternative Fund Administration Survey 2011