ORX blogs and updates

Each month, the ORX News team publish a list of the five largest operational risk losses reported in the previous month. Read on to find out which operational risk loss events have had the most...

Optimising internal controls is a challenge for many financial firms. Yet, it’s becoming more and more of a focus as pressure increases from regulators and firms look to make services more resilient.

ECB publishes review of industry capability to address climate and environmental risks ECB has published its thematic review into climate and environmental risks following its 2022 climate stress...

The recent update to the principles for the sound management of operational risk (PSMOR) brings them in line with contemporary practice. The changes proposed by the Basel Committee on Banking...

Each month, the ORX News team publish a list of the five largest operational risk losses reported in the previous month. Read on to find out which operational risk loss events have had the most...

Since 2014, we've regularly surveyed our members on capital methodology in the banking sector. Forty-two banks took part in the 2022 study, which for the first time explored what the future of...

We’re delighted to announce that together with McKinsey & Company as a knowledge partner, we’ve launched a world first industry-wide controls library for operational risk.

Each month, the ORX News team publish a list of the five largest operational risk losses reported in the previous month. Read on to find out which operational risk loss events have had the most...

Climate continues to be a priority for banking regulators. In May, the European Banking Authority published a discussion paper on the Role of environmental risks in the prudential framework. And in...