Operational Risk and Regulation Working Group

Monitor, share, and discuss ongoing Regulatory developments. The Initial role of FISD group will likely be as a resource for policy makers and regulators seeking to understand data network at financial institutions. Activities will include documenting a set of concerns regarding current practice and practical limitations on achieving best practices with regard to operational risk definitions for market and reference data operations, quality metrics and costs and risk measurement. Whenever possible this group will seek to align with other industry efforts.

Staff Contact: Bill Nichols
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Phone: 202-789-4480

 

Working Documents

WG Discussion presentation: Defining Operational Risk

Overview of Regulations in European Financial Markets

National Institute of Finance - Proposed Legislation Draft

Member Presentation (Asset Control) - Risk Management and Data Management

National Institute of Finance – Data Committee Report

Member White Paper (Sungard) - Wrong Way Risk

 

Meeting Agendas and Notes

Reference Data Utlilties Kick-Off Meeting Notes - August 27, 2009

Agenda - August 27, 2009

 

Public Documents

Introductory statement for ‘‘National Institute of Finance" bill - February 2010

Legislation (S. 3005) to create the ‘‘National Institute of Finance" - February 2010

Senate hearings on tools necessary to monitor systemic risk - February 2010