Operational risk
A comprehensive risk and control self-assessment methodology
How to take control
Marco Moscadelli: The Bank of Italy man
After 20 years at Italy’s central bank, Marco Moscadelli knows his country’s banking industry well. But this hasn’t narrowed his focus, and pivotal roles on European supervisory bodies have also given him a say on how the operational risk is approached…
Shining a light on the flash crash
Flash cordons
The top 10 operational risks to watch in 2011
Batten down the hatches
Sponsored feature: The fight against financial crime – a post-crisis response
The fight against financial crime – a post-crisis response
Dodd-Frank slows down full implementation of Basel II
Contradictions in the US regulations slowing down exit from Basel II parallel run
Sponsored feature: The ultimate risk – flawed liquidity risk management
The ultimate risk – flawed liquidity risk management
Compensation: A political problem
Rulemakers are falling over themselves to introduce measures to link remuneration more closely with risk, in an effort to appease an irate public. But will their new rules work in practice, and will they have the desired effect of making compensation…
Basel provides guidance on the use of insurance as a mitigant
Insurance covered
Ghost brokers busted by UK Fraud Bureau
UK trio charged with insurance and tax fraud as well as money laundering
Two former Madoff employees arrested and charged with fraud
Madoff employees charged with creating false documents and trades, and misleading investors
IRS drops lawsuit against UBS on US tax evasion
UBS evades prosecution for tax evasion as US IRS drops charges
Hong Kong's SFC hands lifetime ban to jailed asset manager
Hong Kong managing director of Crown Asset Management banned from industry for life
Former Société Générale trader found guilty of HFT code theft
Samarth Agrawal on trial in Manhattan for theft of proprietary computer code from French bank
South Korea regulator to investigate potential 'unfair selling' by Deutsche
Deutsche Bank under scrutiny by the Financial Supervisory Service for alleged unfair selling
Buckingham settles with SEC over charges of information misuse
Capital management firms settle with SEC over failing to prevent misuse of non-public information
Regulatory reform may not be enough to prevent second crisis
A new study warns reform might only be enough to mitigate, not prevent, damage from a new crisis
Karetsos moves to Vanguard for ERM
Global co-head of op risk departs Goldman Sachs for ERM role at Vanguard
UK FSA’s new standardised approach paper not just for TSA firms
New paper from the UK FSA sets out guidelines for TSA operational risk frameworks
FSA defends mobile-taping proposals, continues plans to enforce recording
UK regulator denies planned regulation is unenforceable or prohibitively expensive
FSA consults on remuneration disclosure requirements
New consultancy paper from the UK FSA requires all firms to disclose their remuneration methodology under CRDIII.
Suggestions of sabotage at LSE 'ridiculous' says IT consultancy
Source speculates LSE's two-hour closure in November probably due to software problems
Market abuse and insider trading still seen as victimless crimes
Change of mentality needed to confront rise in insider trading says Baker Platt director