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 ...

Financial institutions face myriad challenges today – the uncertainty of a complex environment coupled with market volatility and global imbalances that could affect their sovereign debt exposure. At ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

Welcome to the fourth issue of Volume 16 of The Journal of Operational Risk. This issue contains a paper that mentions Covid-19: a first for our journal. The paper compares the discipline that banks ...

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 ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Build it. Develop it. Improve it. Your business needs a sustainable risk management framework that is as forward-thinking as your goals.

Poor operational risk management has been the fundamental cause of most significant losses in numerous financial and non-financial companies worldwide. In Kenya, for example, over 15 State-sponsored ...

Recently one news article caught my attention and reminded me of an exceptional experience of my trading days. A German bank accidentally transferred more than 5 billion euros to four other banks due ...

As a result of RBI’s dedicated focus on financial risks, particularly credit risk, Indian banks’ balance sheets have improved to the best in over a decade. System-wide gross non-performing assets ...