Operational Risk Management and Related Issues from a Legal and Regulatory Perspective
October 15, 2010
Attached is an Outline, prepared in connection with the Institute of International Bankers Annual Seminar on Risk Management and Regulatory Examination/Compliance Issues Affecting International Banks, to be held on October 20.
The Outline is intended to focus on supervisory trends regarding operational risk management and related issues primarily from a regulatory and compliance perspective (including legal/reputational risk, and risk related to trading and capital markets activities). Although the Outline approaches these questions principally from the perspective of international wholesale banks, many of the points made are relevant to large, complex U.S. domestic banking organizations as well.
Please do not hesitate to contact me or any of my colleagues in the Firm’s Financial Institutions Group if you have any questions or if we can be of any assistance.