Operational risk modelling

Time for change

Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports

Event horizon

Rick Cech takes a second look at what makes up operational risk event types, and asks if there is a more advanced way to define them

Russia opens up

Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports

Debating RCSAs

Four of the industry's top op risk executives debated risk control self-assessments at a recent briefing in London, moderated by Ellen Davis and sponsored by software vendor Reveleus

Operational risk at a crossroads

Just where is operational risk going? This is the question that, in one form or another, seems to be dropping from the lips of most executives in the field these days. People are clearly worried.

Plain English please

Complaints are reaching me about the way in which the US regulators have released the notice of proposed rulemaking (NPR). My sources point out that the advance notice of proposed rulemaking – released way back in those halcyon days of August 2003 – came…

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