Analysis, Operational Resilience

US banks face higher operational risk standards

By Ellesheva Kissin
Operational risk
Image via Getty

US federal regulators are planning new rules to make banks build up defences against operational disruptions such as IT failures and natural disasters, acting Comptroller of the Currency Michael J. Hsu has said.

Hsu said the Office of the Comptroller of the Currency and the Federal Reserve were ...

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