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.Avian Bird Flu Worsens, HSBC Prepares for 50% Employee Absence- January 18, 2006 HSBC is estimating that up to half of its staff could fall ill or be absent from work, as Europe begins to understand the ramifications of the H5N1 bird flu virus.http://www.garp.com/risknews/newsfeed.asp?Category=19&MyFile=2006-01-18-12116.html FSA urges firms to improve disaster recovery planning- January 14, 2006 The UK's largest financial insitutions have "highly resilient" IT systems that could recover critical functions quickly after a terrorist attack or natural disaster, but firms could still be at risk because too many back-up sites are located in London, says the Financial Services Authority.http://www.finextra.com/fullstory.asp?id=14659 |