Mizuho’s CVA bill, Top 10 risks and Giancarlo’s unfinished business

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Mizuho reveals $270 million CVA loss

Further losses may be reported as bank refines its methodology, sources say

Top 10 operational risks for 2019

The biggest op risks for 2019, as chosen by industry practitioners

Giancarlo admits he may not finish Sef rules

CFTC chairman says his successor may have to finish regulation

 

COMMENTARY: Lostway reports

The days are long gone when ‘IT risk’ was a sideline category that barely even featured on the priority lists for operational risk managers. This week, Risk.net published its annual top 10 operational risks survey, and IT-related threats took four of the 10 slots – including the top three. Data compromise, IT disruption and IT failure were first, second and third respectively, with data management featuring in eighth place. And of the others, many had a strong IT flavour. The risks around organisational change often relate to shifts to a new technology platform. The threat of theft and fraud is very largely a cybercrime threat. Third-party risk focuses on cloud providers such as Amazon Web Services.

This represents a success, in some ways. Rather than being sidelined, IT

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