Risk.net

1 week ago | risk.net | Paulina Pielichata

The second line of defence should be explicit in thinking about the value it brings to a financial institution, according to senior risk managers, in order to ensure buy-in from the first line and a healthy risk culture across the business.

1 week ago | risk.net | Paulina Pielichata

European Union regulators should use incident reporting under new rules that entered into force this year as a means to identify potentially systemic technology and cyber risks, a senior risk manager has suggested.

1 week ago | risk.net | Samuel Wilkes

Barclays is keeping a focused approach to its efforts to seek approval for the use of internal models under new market risk capital rules. It will apply for model approval only on products where there is a "decent chance" of passing tests guarding entry, according to a senior risk manager at the UK bank.

1 week ago | risk.net | Rebekah Tunstead

Despite EU officials promising simpler and more focused rules, the president of Ice Clear Europe says market infrastructures are still burdened by excessive regulatory demands that may distract from real risks.

1 week ago | risk.net | Joe Parsons

Conflicting interpretations of European digital assets legislation are hinderingthe development of euro-denominated stablecoins, according to Don Wilson, chief executive of DRW Holdings. As a result, Wilson said European capital will continue flowing into US dollar stablecoins, which typically invest in US Treasuries, and away from European government bonds.