The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

Current stress testing frameworks for operational risk often lack clarity with respect to measurement standards and the balance to be struck between systemic (macroeconomic) and idiosyncratic risk ...

Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...

On August 20, 2015, the Office of the Superintendent of Financial Institutions (OSFI) released Draft Guideline E-21: Operational Risk Management (Draft Guideline) for comments. With the Draft ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper discusses Philippines’ Summary Technical Assistance Report series that provides high-level summaries of the ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The new Standardised Measurement Approach (SMA) for operational risk ...

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 ...

LONDON & NEW YORK--(BUSINESS WIRE)--Citi (NYSE:C) and Taskize Limited announced today that they have entered into a strategic agreement where Citi Securities Services’ custody clients can leverage ...

Management Science, Vol. 45, No. 2 (Feb., 1999), pp. 253-272 (20 pages) Businesses around the world are paying more attention to process management and process automation to improve organizational ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Monetary and Capital Markets (MCM) department delivered a hybrid technical assistance (TA) mission to assist the Bangko ...