Over the past year the Basel Committee on Banking Supervision has refined its approach to setting minimum capital requirements for operational risk (see “Regulatory Treatment of Operational Risk” in ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Public debt managers are exposed to a wide range of potential risks that could be categorized in two main areas: financial risks and operational risks. Financial risks, such as interest rate risk and ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. FMUs provide essential infrastructure to clear and settle payments and ...

e-Finance Trends: Operational risk management in redefined 'e'conomy What is operational risk? We will come across a lot of terminology to define operational risk. The Basel committee on banking ...

Manufacturing companies and process plants need to proactively manage all areas of operations that may impact their “social license” to do business in a particular community. Some essential processes, ...

Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and ...

CARY, N.C.--(BUSINESS WIRE)--SAS remains a category leader in the Chartis Operational Risk Management Systems for Financial Services 2014 RiskTech Quadrant ®. The business analytics powerhouse was ...

Credit risk is defined as the probability that a bank borrower or counterparty will fail to meet their obligations in accordance with agreed terms. The goal of credit risk management is to maximize a ...

The central bank on Wednesday slammed ASX for multiple failings, including in risk management and accountability, and threatened it would take action if the exchange fails to get its systems and ...