The regulators fourth test of Central Counterparties (CCPs) showed proof of resilience but found that there was room to improve risk management frameworks. The European Securities and Markets ...

In today’s dynamic global economy, financial institutions are increasingly confronted with uncertainties that defy historical precedent. Traditional stress testing long reliant on past market data ...

"These issues — volatility, the link between stress-testing results and capital and the short capital implementation compliance time frame, the lack of transparency and the overlap between the global ...

Welcome to the fourth issue of Volume 20 of The Journal of Operational Risk. My conversations with industry practitioners and academics these days always begin and end on the subject of artificial ...

Risk-management practices at financial institutions have undergone a quantitative revolution over the past decade or so. Increasingly, financial firms rely on statistical models to measure and manage ...

Wall Street lenders would get an early peek into criteria for upcoming stress tests under a new plan being considered by the Federal Reserve to overhaul its marquee exam. The central bank’s plan aims ...