Entries for 'Operational Resilience'

On March 14, 2025, the IIF submitted its response to the Bermuda Monetary Authority's (BMA) Consultation Paper on the Operational Resilience and Outsourcing Code.

The Institute of International Finance (IIF) and EY are proud to release our 14th Annual Global Bank Risk Management Survey - Agility in volatility: Rebalancing CRO priorities in a shifting risk matrix.

The IIF has published a Staff Paper on "Operational Resilience - A Brief History and the Road Ahead" which describes the evolution of operational as a regulatory concept and examines key challenges and open questions for the public and private sectors.

On October 9, the IIF submitted its response to the International Association of Insurance Supervisors' (IAIS) Draft Application Paper on Operational Resilience Objectives.

On Friday, March 15, the Institute of International Finance (IIF) submitted a comment letter to the Bank of England, Prudential Regulation Authority and Financial Conduct Authority (the UK Authorities) in response to their Consultation Paper on ‘Operational resilience: Critical third parties to the UK financial sector’.

Cybersecurity has returned to the top of the list of near-term risks for banks around the world, according to the latest EY and Institute of International Finance (IIF) bank risk management survey.

On March 14, the IIF, GFMA and BPI submitted a comment letter to the International Organization of Securities Commissions (IOSCO) in response to its Consultation Report on Operational resilience of trading venues and market intermediaries during the COVID-19 pandemic.

On February 4, the IIF collaborated with other trade associations to respond to a Hong Kong Monetary Authority (HKMA) consultation on operational resilience.

More than nine in ten (91%) of surveyed bank chief risk officers (CROs) view climate change as the top emerging risk over the next five years. Only about half (52%) of CROs said the same in 2019.

The Institute of International Finance (IIF) and the Global Financial Markets Association (GFMA) have published a joint paper – “2021 Priorities for Strengthening Global Operational Resilience Maturity in Financial Services” – that sets out how to continuously improve and strengthen the level of operational resilience in the financial system.

The Institute of International Finance (IIF) and the Global Financial Markets Association (GFMA) have submitted a joint response letter to the Basel Committee on Banking Supervision (BCBS) supporting the draft principles put forward in their Consultative Document “Principles for operational resilience.”