Operational risk
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
IOR promotes development of KRIs in new guidance
Institute of Operational Risk says firms must use key risk indicators to assist decisions, not make them
Sergeant leaves Lloyds; mooted for regulatory role
Carol Sergeant leaves Lloyds Banking Group
Foreclosures failings could lead to 'second round of crisis'
Former US Senate special counsel predicts trouble for institutions struggling to foreclose mortgages
Ellen Davis: Bringing back the Belgian dentist
New EU-wide regulations for retail investment products are needed to lure investors back into European securities, according to speakers at the ICFR conference in Amsterdam
Reform needs broader view, says former Cesr head
Regulators need to look beyond capital structures to human issues, says Docters van Leeuwen
Argentina not addressing anti-money laundering failings says FATF
FATF moves to attack Argentina for lack of progress in AML; while Hong Kong acts to shore-up deficiences reported in 2008
Risk USA: Pay bigger than politics, says former Treasury adviser
Risk managers need to look closely at compensation, declares former US Treasury adviser
Banks must keep non-execs 'up to speed' on risk, says consultancy
Protiviti head says the 'warp speed' of risk management means non-executive directors can struggle to keep up
Financial industry raises problems around remuneration framework at Cebs hearing
The remuneration proposals for EU banks would make it difficult for banks to recruit and retain people in Asia, and create large personal tax liabilities
Cebs says work on supervisory colleges is accelerating
Cebs secretary-general Arnoud Vossen, in an interview with Operational Risk & Regulation, says work on improving supervisory colleges is speeding up
Gulf One's Rowan: Op risk value lies in strategy
The thinker
Operational Risk & Regulation data, November 2010
Analysis of operational risk loss events
Mexico faces risks in fight against money laundering
Fight and flight
Dipo conference: Loss-data consortiums switch focus from quantity to quality
Quality over quantity
Op risk appetite: Do firms have a balanced diet?
A balanced diet?
Demand for consultants increases amid heavy regulation
Regulation education
Product suitability top concern for Asia op risk managers
A suitable ploy