Risk management has come under the microscope of late, and clearly new thinking is required.  Recently Andrew Haldane of the Bank of England reflected to the weeks and months that it took to work “stress test” models within banks and how that is clearly unacceptable.  He described stress testing as being less “regulatory arbitrage” and more “regulatory camouflage”. (my post summarising Haldane)  (Haldane – BofE pdf) The Deloitte Center for Banking Solutions has a new report out that focusses on providing for an integrated approach across the enterprise. Integrated Compliance and Risk Management Rethinking the approach Unprecedented market turmoil in the industry … Continue reading New thinking for Risk Management | Deloitte