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 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 ...

Welcome to the first issue of Volume 20 of The Journal of Operational Risk. Lately, I have been in discussions with practitioners about the challenges the banking industry faces as the Basel Committee ...

Welcome to the first issue of Volume 14 of The Journal of Operational Risk. Although the new Basel III framework will eliminate the advanced measurement approach (AMA), it is comforting to see that ...

In the milieu of various risks that banks encounter in financial intermediation, the broadly classified risks are (i) Credit risk (ii) Market Risk and (iii) Operational risk. Despite sufficient ...

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 ...

Of all the financial buzzwords on Wall Street, "risk" and "operations" are in the forefront these days. With new position limits, rules and regulations rolling out as fast as firms make headlines for ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...