Conduct risk is a new focus, but the adverse macro scenario seems unlikely to produce information that might be useful to management.
The impact of new regulation on banks has been the subject of fevered debate in recent years. What share of the pain has the buy-side had to endure?
Extreme volatility in the securities market has called into question the ability of some European banks to meet stringent loss-absorbing capital requirements by 2019.
The UK renegotiation agreement has sparked concerns about macroprudential policy and the fate of the EU single rulebook for banks.
Risk managers are divided on the value of internal models in the capital framework, but united on the need for a more sophisticated standardised formula.