OpRisk North America: banks expected to design idiosyncratic stress scenarios to test resilience
Regulators seek harmony on op resilience rules
Alignment on principles needed “in short order”, says Basel working group chair
BoE may update resilience guidance, post-Covid
OpRisk Europe: Granular targets on minimum service provision after outages could be revisited, adviser suggests
Basel sets out its stall on operational resilience
Body says banks expected to maintain critical services, but steers clear of setting compliance metrics
Investors rethink ops resilience for a pandemic-proof future
Shift to remote working sees asset managers focus on comms, tech and cyber risks
Top 10 op risks 2020: resilience risk
In an entwined financial system, an outage at one bank can reverberate through many more
UK regulator issues plans for bank ops resilience
Bank of England to publish formal policy for recovering from disasters in 2020
Basel set to update op risk and resilience principles
Op risk working group to issue core ‘indicators of resilience’ proposal as update to 2011 principles
Basel set to update op risk and resilience principles
Op risk working group to issue core ‘indicators of resilience’ proposal as update to 2011 principles
Operational resilience means learning from failure
Firms and regulators could share data on mistakes and near misses, says Garp’s Jo Paisley