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Regulation

This category contains 2 posts

The Answer Is Not More Regulation

Another day, another shockingly spectacular operational risk event, this time a rogue trader at UBS causing a $2.3 billion loss. As I understand it, the underlying actions occurred over a span of several years, involved fraudulent transactions that he was able to enter and manipulate, lacked sufficient dual controls and had no clear enforcement method … Continue reading »

Welcome to OpRisk Advantage!

Thank you for visiting OpRisk Advantage. Hopefully the information you find here will help you in the advancement of your own Operational Risk Management program.  Please feel free to comment on any of the content you find here, just remember to be civil, respectful and constructive.  You can also send comments, questions and topical suggestions … Continue reading »