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 ...

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 ...

Banks are urging federal banking regulators to simplify and relax upcoming capital rules, warning that current proposals could overburden lenders and therefore constrain credit to households and ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. In addition to the principles for operational resilience, the Committee ...

Financial regulators’ global efforts to crack down on rogue practices in the banking sector have brought about some notable victories in recent months, highlighting that the operational risk for banks ...

FAIRFAX, Va.--(BUSINESS WIRE)--In the year since the initial release of the Operational Resilience Framework (ORF) by the Business Resilience Council, the ORF working group has expanded the framework ...

The recent collapses of Silicon Valley Bank and Signature Bank have cast a spotlight on the vulnerabilities within the banking industry. These events highlight the ever-increasing importance of ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of regulatory initiatives to strengthen requirements and promote international ...