Operational Risk NewsLatest news articles on the subject of Operational Risk, Sarbanes-Oxley and Basel II. m-Bryonic Solutions Limited provide solutions for managing process efficiency and operational risk.US bank regulators to move forward on Basel II- September 30, 2005 U.S. bank regulators on Friday said they would move forward in the process of writing rules to guide the financial industry's domestic implementation of the Basel II international capital accord.http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-09-... Principles not prescription preferred for Operational Risk Management- September 17, 2005 The FSA have confirmed the need for high-level principles rather than prescription to govern the use test requirements for applications for the Basel II Advanced Measurement (AMA) Approach for operational risk.http://www.chasecooper.com/News-Regulatory_CapitalRequirementsDirective-2005-05-17.php the difference between risk management and compliance- September 16, 2005 There seems to be a good deal of confusion about the role of the compliance function vs. the role of the risk management function. In many organisations risk management has been subsumed into the audit organisation and there are a growing number of "risk management" consultancies that are offshoots of external auditing firms. Has audit become risk management and if not, what's the differencehttp://www.continuitycentral.com/feature0243.htm |