Consumer protection
Top 10 operational risks: Focus on regulatory risk
Tougher regulatory enforcement, new consumer rules and rise of ESG are ringing alarm bells
Emerging trends in op risk
Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…
In over their heads? How greenwashing overwhelms regulators
Difficult to identify and difficult to prove: asset managers doubt regulators’ ability to crack down
Crisis exposes flaws in US financial stability regime
Former Fed chair Yellen calls for reform after failure to curb corporate leverage ahead of Covid-19
Computer says no: combating bias in machine learning models
Proposed US law on algo lending targets in-built discrimination, say modelling experts
Fed’s Brainard wary of black box AI models in consumer credit
Speech raises explainability issue; says existing model risk guidelines are “a good place to start” in regulating AI
Monthly op risk losses: Equifax breach sparks regulatory review
Breakdown of top five loss events, plus spotlight on Sweden’s largest ever phishing attack. Data by ORX News
Rethinking risk management in the age of cognitive computing
Content provided by IBM
Structured products' unseen enemy
Relentless focus on Priips compliance leaves industry vulnerable to hidden threats
UK law sparks bonfire of ‘unfair’ structured product terms
Obscure provisions in UK Consumer Rights Act could threaten issuance programmes
Consumer advocates urge financial regulators to share more data
Bafin neglecting consumers, conference speakers say
The 'right to be forgotten' and financial institutions
ECJ decision means new problems for data preservation
Rise in microfinance poses new regulatory problems
Operational risks from microlending increasing in developed and developing world
UK ombudsman joins clampdown on payday lending
Report from FOS highlights malpractice by loan middlemen
FCA's mis-selling focus switches to payday lenders
Misleading advertising common among high-interest loan providers
Study casts doubt on mandatory futures insurance
Mandatory insurance for assets held by futures brokers would be extremely costly, concludes industry-backed report
Top 10 op risks: tighter consumer regulation
The last in our series of top 10 op risks for 2014 looks at tighter consumer regulation. An industry plagued by scandal will now face closer regulatory attention on its retail side
Top 10 operational risks for 2014
Internal failures will prove as dangerous as external threats for the financial industry in 2014
Editorial: Taking medical advice
Editorial: Taking medical advice
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