Legal risk
Position vacant: unpicking energy’s hidden contract risks
Complex, long-term supply deals present job opportunity for risk managers
AIG hit by $230 million settlement over MedPartners
Megan van Ooyen from SAS rounds up the top five op risk losses for August
Dealers grapple with netting valuation adjustments
Some banks are expressing netting uncertainty as a fair value adjustment to CVA
Banks take flexible approach to pricing netting risks
Dealers are adjusting CVA prices, depending on their view of the legal netting opinion
Netting risks create pricing and operational headaches
Oversight of legal risks is not always robust
Careless whispers have a cost
CFTC redefines insider trading for the swaps market
After Milan: how Italian law treats muni swaps
Dealers in Italy run risk of “unpredictable legal conflicts”, warn lawyers at Norton Rose
Time running out for ‘Herculean’ UK bank ring-fencing task
Final rules needed by early 2016, say banks, or implementation deadline could be missed
Italian swaps scrap grips Europe
Dexia Crediop wins right to appeal against Italian city of Prato over €6.5 million swap claim
Bank of Italy chief sees legal risk in senior bonds bail-in
Banks should inform savers about senior bonds’ place in resolution hierarchy
CME forex fix questioned in new lawsuit
Possible listed forex futures and options manipulation brought to NY court
Banks and clients rebuild relationships post-SNB move
Pricing difficulties since SNB currency floor removal cause friction
Tormar Associates countersues Citi in FX claim
US-based family office submits detailed legal response
Dealing with stressed contracts in the energy sector
Energy firms have plenty of options for dealing with contracts facing strain
RBS warns of rise in misconduct costs in 2015
Bank expects biggest hit from RMBS investigations
Banks struggle with tough rules on beneficial ownership
New systems and processes necessary to prevent illicit money flows
Proposed UK fraud law takes aim at companies
Firms could be prosecuted for failing to prevent economic crime
BAML to clear US dollars for BNP commodity finance unit
Deal comes as French bank faces one-year US dollar clearing ban
Knowing your territory is vital for energy firms
Poor local knowledge can lead to persecution at home and abroad
CLS wins 'patent troll' Supreme Court case
Market disruption averted as unanimous decision goes in CLS's favour
Costs of forex manipulation could be worse than Libor
Total bill from penalties and lawsuits could reach “tens of billions,” some estimate
Legal and practical protections from cyber attack
All companies face the risk of an online attack – what precautions can they take against it, and how can they react once an attack starts?
Top 10 op risks: reputational risk
The eighth in our series of top 10 op risks for 2014 looks at reputational risk. Admissions of guilt expose banks to more than simply public displeasure
Top 10 operational risks for 2014
Internal failures will prove as dangerous as external threats for the financial industry in 2014