Operational risk news and analysis articles - Risk.net

Operational risks are those arising from people, processes and systems – the biggest form of exposure for many industries, but one that was neglected by ... 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Firmsoptforunifiedregulatoryreportingarchitecturesamidthelatestwaveofnew requirements HarmonisationofFRTBdatacompliancerequirementsbylocal jurisdictionsis crucial Books InterestRateRiskintheBankingBook(2ndedition) ByPaulNewson Non-FinancialRiskManagement:EmergingstrongerafterCovid-19 EditedbyThomasKaiser Regtech,SuptechandBeyond:InnovationinFinancialServices EditedbyBillCoenandD.R.Maurice LifeAnnuities ByErmannoPitacco Journals Technicalindicatorselectionandtradingsignalforecasting:varyinginputwindowlengthandforecasthorizonforthePakistanStockExchange Abnormalreturnsandstockpricemovements:someevidencefromdevelopedandemergingmarkets Pricingbarrieroptionswithdeepbackwardstochasticdifferentialequationmethods Sizedoesmatter:astudyontherequiredwindowsizeforoptimal-qualitymarketriskmodels Estimatingvalue-at-riskusingquantileregressionandimpliedvolatilities Latestarticles   Topics Allsections Keylinks Risk.netAsia Risk.netCommodities RiskGlossary RiskResources RiskJournals MediaCentre TechDirectory SponsoredContent ContentFunding HelpCentre Subscriberrewards Risk.netTools EmailNewsletters Sitefeatures Apps Author KrisDevasabai DuncanWood HelenBartholomew LukasBecker LukeClancy PhilipAlexander RobMannix TomOsborn Trendlines Volatility BaselIII ForeignExchange Mifid Brexit CyberSecurity FollowRisk.net Followtopics SignupforNewsletters FollowonTwitter ConnectonLinkedIn LikeonFacebook SubscribetoRSSfeeds AllSocialProfiles Ourdigitalnetwork WatersTechnology CentralBanking FXMarkets ChartisResearch RiskTechForum RiskLibrary RiskBooks Marketingservices Mediapack Advertisewithus Reprints Viewallmarketingservices PrintMagazines RiskMagazine AsiaRisk DigitalBrands EnergyRisk InsuranceRisk OperationalRisk HedgeFundsReview StructuredProducts Comment Opriskdata:Barclaysbunglesmulti-billion-dollarnoteissue Also:Russiasanctionsredux;Lloyd’sofLondonnamesbullyingandsexismbrokerage.DatabyORXNews 11Apr2022 Riskmanagement Inroilingmarkets,fraudrises.Bankswanttounderstandwhy DisruptionfromUkraineandCovidputsmanagersonalertformisconduct,asriskcontrolsarestretchedtothemax 07Apr2022 Ourtake Thetop10oprisks,reloaded Surveytobeexpandedaspartofbenchmarkingexercise 30Mar2022 Riskmanagement BankstoutCCAR-stylestresstestsforemergentrisks Extreme-but-plausiblescenarioplanningisbeingappliedtogeopoliticaleventssuchasUkraineconflict 25Mar2022 Riskmanagement Buildresiliencebeforeit’stoo late 21Mar2022 Comment Opriskdata:Allianzdealta$4bnblowfornot-so-AlphaFunds Also:CreditSuissecopstwocartelshops;banksgetslappedingenderpaygap.DatabyORXNews 18Mar2022 Riskmanagement Banks:sanctionsevasiondrivingriseinmoneylaunderingrisk AttemptsbyoligarchstosiphoncashoutofRussiasparksheightenedscrutinyofAMLalerts 18Mar2022 Riskmanagement Goldmanexec:roguealgoscouldspark‘systemic’crashes Deviceproliferationanddigitalassetsalsoalteringriskenvironment,saysEuropeopriskhead 17Mar2022 Operationalrisk Opriskoutlook2022:thelegalperspective ChristophKurth,partneroftheglobalfinancialinstitutionsleadershipteamatBakerMcKenzie,discussesthekeythemesemergingfromRisk.net’sTop10oprisks2022surveyandhowfinancialfirmscanbettermanageandmitigatetheimpactof… 10Mar2022 Riskmanagement Top10operationalrisksfor2022 Thebiggestoprisksfortheyearahead,aschosenbyseniorindustrypractitioners 10Mar2022 Derivatives ThenextchapterinthesagaofdelayedETDtradeallocations 09Mar2022 Riskmanagement Top10oprisks2022:geopoliticalrisktakescentrestage Ukraineinvasion,westernsanctionsandRussianresponseseendrivingbigriseincyberandsupplychainrisks 09Mar2022 Riskmanagement Russiasanctionsputspotlightonbanks’dirtylaundry AspunitivemeasuresagainstMoscowincrease,sodotheriskstobanksfromfinancialcrime 28Feb2022 Riskmanagement Europe’sbanksbraceforRussia-backedcyberretaliation Beefed-upsanctionsonRussia’slargestbankssparkITsecurityalert;100sofcomputersbroughtdowninUkraine 25Feb2022 Riskmanagement BankshopenewUSrulewillseeAMLjudgedoneffectiveness ProposedFinCENrulingasksregulatorstolookbeyonddesigntowhetherAMLmeasuresactuallywork 24Feb2022 Originalresearch Preventingtheunpleasant:fraudulentfinancialstatementdetectionusingfinancialratios Inthispaper,theauthorsinvestigatefinancialfraudincompanieslistedontheAthensStockExchangeduringtheperiod2008–18andproposeamodeltodetectfraudulentfinancialstatements. 16Feb2022 Ourtake TheCollinsflaw:backstopturnedbindingconstraint USlegislativetweakwasmeanttopreventbanksfromusingtheirowncapitalmodelstooliberally.It’snowsomethingdifferent 14Feb2022 Originalresearch Revisitingthelinkagebetweeninternalauditfunctioncharacteristicsandinternalcontrolquality ThispaperrevisitsthelinkagebetweeninternalauditfunctioncharacteristicsandinternalcontrolqualityandproposesarandompolynomialmodelforassessingICQ. 11Feb2022 Comment MorganStanley,CapitalOne’sdatabreachdoubletrouble Also:Citishellsout$45mformisleadingstocktradinginfo;codingclangerscostCreditSuisse$9m.DatabyORXNews 11Feb2022 RiskQuantum UBSsees$20bnRWAimpactfromBaselIII Increaseexpectedtomaterialiseby2024followingtheimplementationofnewrulesonFRTB,CVA,creditandoperationalrisk 03Feb2022 Riskmanagement Shell-companyregistrymightnothaltUSdirtymoney,sayexperts ObserversraisequestionsoververifyingbeneficialownerinfoonproposedFinCENdatabase 02Feb2022 RiskQuantum Deutsche’sopRWAsdown10%in2021 ‘Badbank’unwindingpushedopriskatmulti-yearlow 28Jan2022 RiskQuantum AlltopUSbanksbelowCollinsfloor Noneoftheeightsystemicbanksinthecountryabovethethresholdforthefirsttimesince2015 27Jan2022 Comment Opriskdata:MouldymoneymakesbigstinkforNatWest Also:SantanderplaysSanta;JPMinmessagingmayhem;‘SterlingLads’costHSBCacoupleofbricks.DatabyORXNews 24Jan2022     Youneedtosignintousethisfeature.Ifyoudon’thaveaRisk.netaccount,pleaseregisterforatrial. 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