A glitch in the European Central Bank’s system for settling large-value payments by commercial and central banks has resulted in a drop in deposits worth more than 400 billion euros ($473 billions).

BLOOMBERG - Bloomberg

Source

Published on Oct. 23th, 2020 Published on Oct. 23th, 2020

Scenario: Disruption / External Payment System Disruption

To read more operational risk news, register for free on MSTAR Platform.

MSTAR News

Sept. 20th, 2021

ORX Forum

ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.