FCA - Financial Conduct Authority
FCA fines Al Rayan Bank PLC (Al Rayan) £4,023,600 for failing to put in place adequate anti-money laundering (AML) controls.
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Apr. 4th, 2023
MSTAR scenario of the month - Trading Error
This month let's explore the quantification of this scenario through a wizard and what-if simulations, plus a sneak peek at the concept of the Exposure Table. Find an in-depth explanation in our book (Operational Risk Modeling in Financial Services: The Exposure, Occurrence, Impact Method), Chapter IV, §10 "IV.10 A step towards Oprisk Metrics" .