PRESS - Press - General
Data breach affects more than 150,000 Webster Bank customers.
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May. 4th, 2023
MSTAR scenario of the month - Anti-Competitive and Manipulative Practices
This month, the "MSTAR Bank" board discusses the "Anti-competitive and manipulative practices" scenario, covering cases such as LIBOR or FX cartel. This is an example of conduct risk addressed by a common model structure based on the breakdown of exposed income. The board will also discuss the value of a comparative assessment of controls for this type of risks. This benchmarking will be made possible by the interoperability of services on the ORX Association iDP Platform.