Operational Risk1
Nordic banks push for Fatca deal
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- !-- end-subheading -- !-- summary -- Nordic banking associations open Fatca reciprocity talks !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="Angela Foyle at BDO" src="http://www.risk.net/IMG/654/195654/angela-foyle-bdo-2011-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1eca582e/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=Nordic+banks+push+for+Fatca+deallink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fnews%2F2170830%2Fnordic-banks-push-fatca-deal%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DNordic%2Bbanks%2Bpush%2Bfor%2BFatca%2Bdeal" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Nordic+banks+push+for+Fatca+deallink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fnews%2F2170830%2Fnordic-banks-push-fatca-deal%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DNordic%2Bbanks%2Bpush%2Bfor%2BFatca%2Bdeal" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132918385670/u/60/f/472830/c/32411/s/1eca582e/kg/326-327/a2.htm"img src="http://da.feedsportal.com/r/132918385670/u/60/f/472830/c/32411/s/1eca582e/kg/326-327/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132918385670/u/60/f/472830/c/32411/s/1eca582e/kg/326-327/a2t.img" border="0"/
'Clients, products and business practices’ the biggest op risk type in March
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- Types of operational risk loss by event, March 2010 to March 2012 !-- end-subheading -- !-- summary -- SAS Software tracks biggest op risk events in March, while the ABA Operational Loss Data Sharing Consortium looks at the main types of op risk occurring in Q3 2011 !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="Graph showing loss" src="http://www.risk.net/IMG/870/218870/or-loss-data-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1ec4d626/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=%27Clients%2C+products+and+business+practices%E2%80%99+the+biggest+op+risk+type+in+Marchlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fresearch%2F2169972%2Fclients-products-business-practices-biggest-op-risk-type-march%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3D%2527Clients%252C%2Bproducts%2Band%2Bbusiness%2Bpractices%25E2%2580%2599%2Bthe%2Bbiggest%2Bop%2Brisk%2Btype%2Bin%2BMarch" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=%27Clients%2C+products+and+business+practices%E2%80%99+the+biggest+op+risk+type+in+Marchlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fresearch%2F2169972%2Fclients-products-business-practices-biggest-op-risk-type-march%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3D%2527Clients%252C%2Bproducts%2Band%2Bbusiness%2Bpractices%25E2%2580%2599%2Bthe%2Bbiggest%2Bop%2Brisk%2Btype%2Bin%2BMarch" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132733320612/u/60/f/472830/c/32411/s/1ec4d626/kg/326-327/a2.htm"img src="http://da.feedsportal.com/r/132733320612/u/60/f/472830/c/32411/s/1ec4d626/kg/326-327/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132733320612/u/60/f/472830/c/32411/s/1ec4d626/kg/326-327/a2t.img" border="0"/
Mitigating the risk of organised crime on banks' call centres
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- A balanced defence !-- end-subheading -- !-- summary -- To avoid having its call centre targeted by an organised crime gang, a bank needs to ensure it has enough controls in place to deter criminals, but not so many that it becomes less useful to customers !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="fortress" src="http://www.risk.net/IMG/864/218864/fortress-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1ec4d624/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=Mitigating+the+risk+of+organised+crime+on+banks%27+call+centreslink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2168334%2Fmitigating-risk-organised-crime-banks-centres%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DMitigating%2Bthe%2Brisk%2Bof%2Borganised%2Bcrime%2Bon%2Bbanks%2527%2Bcall%2Bcentres" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Mitigating+the+risk+of+organised+crime+on+banks%27+call+centreslink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2168334%2Fmitigating-risk-organised-crime-banks-centres%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DMitigating%2Bthe%2Brisk%2Bof%2Borganised%2Bcrime%2Bon%2Bbanks%2527%2Bcall%2Bcentres" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132733320611/u/60/f/472830/c/32411/s/1ec4d624/kg/326-327/a2.htm"img src="http://da.feedsportal.com/r/132733320611/u/60/f/472830/c/32411/s/1ec4d624/kg/326-327/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132733320611/u/60/f/472830/c/32411/s/1ec4d624/kg/326-327/a2t.img" border="0"/
OpRisk North America provides an overview of industry concerns
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- Going concerns !-- end-subheading -- !-- summary -- The OpRisk North America conference offered the opportunity to question bank representatives on their concerns around a variety of issues, from data modelling to sensitivity analysis, splicing to parameter estimation !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="marcelo-cruz-morgan-stanley-2010" src="http://www.risk.net/IMG/967/102967/marcelo-cruz-morgan-stanley-2010-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1ec4d622/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=OpRisk+North+America+provides+an+overview+of+industry+concernslink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fopinion%2F2169961%2Foprisk-north-america-provides-overview-industry-concerns%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DOpRisk%2BNorth%2BAmerica%2Bprovides%2Ban%2Boverview%2Bof%2Bindustry%2Bconcerns" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=OpRisk+North+America+provides+an+overview+of+industry+concernslink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fopinion%2F2169961%2Foprisk-north-america-provides-overview-industry-concerns%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DOpRisk%2BNorth%2BAmerica%2Bprovides%2Ban%2Boverview%2Bof%2Bindustry%2Bconcerns" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132733320610/u/60/f/472830/c/32411/s/1ec4d622/kg/326-327/a2.htm"img src="http://da.feedsportal.com/r/132733320610/u/60/f/472830/c/32411/s/1ec4d622/kg/326-327/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132733320610/u/60/f/472830/c/32411/s/1ec4d622/kg/326-327/a2t.img" border="0"/
Why, when and how should loss data be scaled?
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- Economies of scale !-- end-subheading -- !-- summary -- An issue for op risk managers is scaling modelling data to a relevant size without sacrificing its value through over-manipulation. Using a query model to determine which data to use makes the process easier and reduces the risk of cherry-picking favourable data points !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="Eric Cope at Bank of America" src="http://www.risk.net/IMG/427/218427/eric-cope-bank-america-2012-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1ebddfbb/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=Why%2C+when+and+how+should+loss+data+be+scaled%3Flink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2164036%2F-loss-scaled%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DWhy%252C%2Bwhen%2Band%2Bhow%2Bshould%2Bloss%2Bdata%2Bbe%2Bscaled%253F" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Why%2C+when+and+how+should+loss+data+be+scaled%3Flink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2164036%2F-loss-scaled%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DWhy%252C%2Bwhen%2Band%2Bhow%2Bshould%2Bloss%2Bdata%2Bbe%2Bscaled%253F" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132733239898/u/60/f/472830/c/32411/s/1ebddfbb/a2.htm"img src="http://da.feedsportal.com/r/132733239898/u/60/f/472830/c/32411/s/1ebddfbb/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132733239898/u/60/f/472830/c/32411/s/1ebddfbb/a2t.img" border="0"/
Doubt grows over Brazil's AMA deadline
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- !-- end-subheading -- !-- summary -- Brazilian banks face tight schedule for op risk capital approval !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="sao-paulo-brazil" src="http://www.risk.net/IMG/240/110240/sao-paulo-brazil-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1eb96fad/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=Doubt+grows+over+Brazil%27s+AMA+deadlinelink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fnews%2F2159862%2Fdoubt-grows-brazils-ama-deadline%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DDoubt%2Bgrows%2Bover%2BBrazil%2527s%2BAMA%2Bdeadline" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Doubt+grows+over+Brazil%27s+AMA+deadlinelink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Fnews%2F2159862%2Fdoubt-grows-brazils-ama-deadline%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DDoubt%2Bgrows%2Bover%2BBrazil%2527s%2BAMA%2Bdeadline" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132918298197/u/60/f/472830/c/32411/s/1eb96fad/kg/326-327/a2.htm"img src="http://da.feedsportal.com/r/132918298197/u/60/f/472830/c/32411/s/1eb96fad/kg/326-327/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132918298197/u/60/f/472830/c/32411/s/1eb96fad/kg/326-327/a2t.img" border="0"/
OpRisk North America highlights the limitations of risk management
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- Limits and boundaries !-- end-subheading -- !-- summary -- Discussion at Operational Risk Regulation’s New York conference focused on limitations of operational risk management, particularly the risks associated with models, data and calculations !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="New York" src="http://www.risk.net/IMG/876/218876/new-york-taxis-flatiron-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1eb26588/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=OpRisk+North+America+highlights+the+limitations+of+risk+managementlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2169992%2Foprisk-north-america-highlights-limitations-risk-management%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DOpRisk%2BNorth%2BAmerica%2Bhighlights%2Bthe%2Blimitations%2Bof%2Brisk%2Bmanagement" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=OpRisk+North+America+highlights+the+limitations+of+risk+managementlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2169992%2Foprisk-north-america-highlights-limitations-risk-management%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DOpRisk%2BNorth%2BAmerica%2Bhighlights%2Bthe%2Blimitations%2Bof%2Brisk%2Bmanagement" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132733229281/u/60/f/472830/c/32411/s/1eb26588/a2.htm"img src="http://da.feedsportal.com/r/132733229281/u/60/f/472830/c/32411/s/1eb26588/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132733229281/u/60/f/472830/c/32411/s/1eb26588/a2t.img" border="0"/
National Bank of Belgium's Rudi Bonte on his first year of twin-peaks regulation
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- In the know !-- end-subheading -- !-- summary -- Rudi Bonte at Belgium’s central bank understands twin peaks supervision, having worked through its implementation there. And as a member of the Basel Committee and the European Banking Authority, he knows what to expect from Basel III and European standards. He shares his insight with ORR !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="Rudi Bonte at the National Bank of Belgium" src="http://www.risk.net/IMG/855/218855/rudi-bonte-national-bank-belgium-2012-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1eb0fa94/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=National+Bank+of+Belgium%27s+Rudi+Bonte+on+his+first+year+of+twin-peaks+regulationlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2164758%2Fnational-bank-belgiums-rudi-bonte-twin-peaks-regulation%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DNational%2BBank%2Bof%2BBelgium%2527s%2BRudi%2BBonte%2Bon%2Bhis%2Bfirst%2Byear%2Bof%2Btwin-peaks%2Bregulation" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=National+Bank+of+Belgium%27s+Rudi+Bonte+on+his+first+year+of+twin-peaks+regulationlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2164758%2Fnational-bank-belgiums-rudi-bonte-twin-peaks-regulation%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DNational%2BBank%2Bof%2BBelgium%2527s%2BRudi%2BBonte%2Bon%2Bhis%2Bfirst%2Byear%2Bof%2Btwin-peaks%2Bregulation" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132733178487/u/60/f/472830/c/32411/s/1eb0fa94/kg/326-327/a2.htm"img src="http://da.feedsportal.com/r/132733178487/u/60/f/472830/c/32411/s/1eb0fa94/kg/326-327/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132733178487/u/60/f/472830/c/32411/s/1eb0fa94/kg/326-327/a2t.img" border="0"/
National Bank of Belgium's Rudi Bonte on his first year of twin-peaks regulation
psmall !-- link -- a href=http://www.risk.net/Risk.net/a !-- end-link -- /small/p p!-- subheading -- In the know !-- end-subheading -- !-- summary -- Rudi Bonte at Belgium’s central bank understands twin peaks supervision, having worked through its implementation there. And as a member of the Basel Committee and the European Banking Authority, he knows what to expect from Basel III and European standards. He shares his insight with ORR !-- end-summary -- /p !--- Start Artilce title image -- pimg alt="Rudi Bonte at the National Bank of Belgium" src="http://www.risk.net/IMG/855/218855/rudi-bonte-national-bank-belgium-2012-320x198.jpg" title="" //p !-- End Article Title Image --img width='1' height='1' src='http://feeds.risk.net/c/32411/f/472830/s/1eb0fa94/mf.gif' border='0'/div class='mf-viral'table border='0'trtd valign='middle'a href="http://share.feedsportal.com/viral/sendEmail.cfm?lang=entitle=National+Bank+of+Belgium%27s+Rudi+Bonte+on+his+first+year+of+twin-peaks+regulationlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2164758%2Fnational-bank-belgiums-rudi-bonte-twin-peaks-regulation%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DNational%2BBank%2Bof%2BBelgium%2527s%2BRudi%2BBonte%2Bon%2Bhis%2Bfirst%2Byear%2Bof%2Btwin-peaks%2Bregulation" target="_blank"img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" //a/tdtd valign='middle'a href="http://res.feedsportal.com/viral/bookmark.cfm?title=National+Bank+of+Belgium%27s+Rudi+Bonte+on+his+first+year+of+twin-peaks+regulationlink=http%3A%2F%2Fwww.risk.net%2Foperational-risk-and-regulation%2Ffeature%2F2164758%2Fnational-bank-belgiums-rudi-bonte-twin-peaks-regulation%3FWT.rss_f%3DOperational%2Brisk%2B-%2BRisk%2Bmanagement%26WT.rss_a%3DNational%2BBank%2Bof%2BBelgium%2527s%2BRudi%2BBonte%2Bon%2Bhis%2Bfirst%2Byear%2Bof%2Btwin-peaks%2Bregulation" target="_blank"img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" //a/td/tr/table/divbr/br/a href="http://da.feedsportal.com/r/132733178487/u/60/f/472830/c/32411/s/1eb0fa94/kg/326-327/a2.htm"img src="http://da.feedsportal.com/r/132733178487/u/60/f/472830/c/32411/s/1eb0fa94/kg/326-327/a2.img" border="0"//aimg width="1" height="1" src="http://pi.feedsportal.com/r/132733178487/u/60/f/472830/c/32411/s/1eb0fa94/kg/326-327/a2t.img" border="0"/
