Operational risk

382 records

No records

Cloud Computing, Banking-as-a-Service, and Open Banking

TC webcast discusses the implications of cloud computing, banking-as-a-service, and open computing for financial supervisors

Toronto Centre webcast discusses the implications of cloud computing, banking-as-a-service, and open computing for financial supervisors. While these arrangements may provide financial services with opportunities for greater efficiency and competitiveness, they may also increase risks such as strategic risks.

Publisher: Toronto Centre Release date: Sep 2020

Type: TC Videos

Topics: Operational risk, FinTech

Sectors: Banking, Insurance, Pensions, Securities

Revisions to the Principles for the Sound Management of Operational Risk

Proposed revisions to the original BCBS principles

BCBS proposed updates to Principles for the Sound Management of Operational Risk to: i) align the principles with the recently finalized Basel III operational risk framework; ii) update the guidance where needed in the areas of change management and information and communication technologies; and iii) enhance the overall clarity of the principles.

Publisher: Global Standard-Setting Bodies Release date: Aug 2020

Type: Consultative, discussion and issues paper

Peer: Principles for the Sound Management of Operational Risk

Topics: Operational risk, Corporate governance, Risk management

Sectors: Banking, Insurance

Deadline for comments: Nov 2020

Draft Guidelines on Outsourcing to Cloud Service Providers

ESMA consultation on guidelines on identifying and addressing risks from outsourcing to cloud service providers

European Securities and Markets Authority draft guidelines provide guidance on the outsourcing requirements applicable to financial market participants when they outsource to cloud service providers. They aim to help firms and competent authorities identify, address and monitor the risks and challenges that arise from cloud outsourcing arrangements.

Publisher: Regional Standard-Setting Bodies Release date: Jul 2020

Type: Consultative, discussion and issues paper

Topics: Cyber risk, Operational risk, Risk management

Sectors: Securities

Pandemics and Financial Stability

Part 5 of TC webcast series

Toronto Centre webinar provides insights into what financial supervisors should be doing in a COVID-19 world, including activating their business continuity plans, setting new priorities, assessing risks, and monitoring corporate governance in supervised firms.

Publisher: Toronto Centre Release date: May 2020

Type: TC Videos

Topics: Crisis management and contingency planning, Consumer education and protection, Corporate governance, Operational risk, COVID-19

Sectors: Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities

Pandemics and Financial Stability

Part 4 of TC webcast series

Toronto Centre webinar helps financial supervisors and regulators to gain insights and perspectives on COVID-19 and its impact on the global financial system.

Publisher: Toronto Centre Release date: Apr 2020

Type: TC Videos

Topics: Consumer education and protection, Operational risk, Crisis management and contingency planning, COVID-19

Sectors: Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities

Pandemics and Financial Stability

Part 3 of TC webcast series

Toronto Centre webinar helps financial supervisors and regulators to gain insights and perspectives on COVID-19 and its impact on the global financial system.

Publisher: Toronto Centre Release date: Apr 2020

Type: TC Videos

Topics: Consumer education and protection, Operational risk, Crisis management and contingency planning, COVID-19

Sectors: Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities

Pandemics and Financial Stability

Part 2 of TC webcast series

Toronto Centre webinar helps financial supervisors and regulators to gain insights and perspectives on COVID-19 and its impact on the global financial system.

Publisher: Toronto Centre Release date: Mar 2020

Type: TC Videos

Topics: Consumer education and protection, Operational risk, Crisis management and contingency planning, COVID-19

Sectors: Banking, Insurance, Microfinance, Pensions, Securities

Pandemics and Financial Stability

Part 1 of TC webcast series

Toronto Centre webinar helps financial supervisors and regulators to gain insights and perspectives on COVID-19 and its impact on the global financial system.

Publisher: Toronto Centre Release date: Mar 2020

Type: TC Videos

Topics: Consumer education and protection, Operational risk, Crisis management and contingency planning, COVID-19

Sectors: Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities

The PRA's Methodologies for Setting Pillar 2 Capital

PRA policy statement on its Pillar 2 capital requirements

UK Prudential Regulatory Authority updated methodology for setting Pillar 2 capital requirements. Sets out methodologies to inform setting a firm’s Pillar 2A individual capital guidance for credit risk, market risk, operational risk, counterparty credit risk, credit concentration risk, and interest rate risk in the banking book and pension obligation risk. Pillar 2B provides information on the purpose of a PRA buffer, how it is determined and how it relates to the CRD IV buffers. Also provides details on PRA’s approach to tackling weak governance and risk management under Pillar 2B.

Publisher: National Regulators Release date: Feb 2020 Country: United Kingdom

Type: Supervisory Practice

Parent: Capital Requirements Directive - CRD IV, Capital Requirements - CRD IV/CRR – Frequently Asked Questions

Peer: Assessing Capital Adequacy Under Pillar 2

Topics: Capital adequacy, Credit risk, Market risk, Operational risk, Interest rate risk

Sectors: Banking

Issues Paper on the Use of Big Data Analytics in Insurance

IAIS paper focuses on issues related to use of personal and other data by insurers

International Association of Insurance Supervisors issues paper focuses on use of algorithms and advanced analytics capabilities by insurers to make decisions based on patterns, trends and linkages and the availability to insurers of new data sources, collectively referred to as "big data analytics" (BDA). Paper notes that increasing digitization provides tremendous opportunities for the insurance sector, but cautions that rapid innovation could unintentionally create risks of poor outcomes for policyholders and increased vulnerability for the sector as as whole. Supervisory must be vigilant of such risks.

Publisher: Global Standard-Setting Bodies Release date: Feb 2020

Type: Consultative, discussion and issues paper

Topics: Consumer education and protection, FinTech, Operational risk

Sectors: Insurance

Display # Page 1 of 9 Total: 90

Start
Prev
1
2
3
4
5
6
7
8
9
Next
End

Resources

382 records

Cloud Computing, Banking-as-a-Service, and Open Banking

Revisions to the Principles for the Sound Management of Operational Risk

Draft Guidelines on Outsourcing to Cloud Service Providers

Pandemics and Financial Stability

Pandemics and Financial Stability

Pandemics and Financial Stability

Pandemics and Financial Stability

Pandemics and Financial Stability

The PRA's Methodologies for Setting Pillar 2 Capital

Issues Paper on the Use of Big Data Analytics in Insurance

Browse by Category

TC Notes

Sector

Topic

Country

Resource Type

Year Released

Publisher Type