Five financial institutions - China Construction Bank (CCB), China Minsheng Bank, Standard Chartered Bank (China), Bank of China and China Bohai Bank - were fined 388 million yuan ($56.5 million) in total, in light of the decision announced on Thursday.

GT - Global Times China

Source

Published on Feb. 18th, 2023 Published on Feb. 18th, 2023

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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" .