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 ...

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 ...

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 ...

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 ...

The UK operational resilience requirements for the Financial Services and Markets Act (FSMA) came into force in March 2025. Yet, many firms are ...

An operational framework is a guide to a company's policies, goals, standards, procedures and training. The framework sets out the way the company does business and promotes a corporate culture and ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Covid-19 pandemic has made the need to address these threats even ...

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 ...

Institutional risk frameworks are under growing strain, yet many leaders remain unaware of the shifts undermining their effectiveness. I see this erosion as especially evident (yet overlooked) when it ...

LONDON & CHICAGO--(BUSINESS WIRE)--With just over five months left to prepare for the new UK Regulatory Operational Resilience Requirements, Fusion Risk Management, Inc. (“Fusion”), a leading provider ...