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Principal Associate
 Stanley Epstein
Shoham, Israel
Employer:
Personal Web site:
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Memorable Quotes:
"Many organizations are wrongly assuming that operational risk regulation will keep them safe – so there is an over reliance on already high levels of regulation, which cannot be a substitute for sound and effective internal risk management policies and procedures.”
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Brief biography:
Stanley Epstein is a Principal Associate and Director of Citadel Advantage Ltd., a specialist bank operations consultancy and training provider in the area of Operations Risk, Business Continuity and Payment Systems.
ARTICLES BY STANLEY EPSTEIN |
The new BIS Capital Accord requires banks to reserve capital against operational risk. But what is operational risk and what does a financial intuition have to do to ensure compliance?
Intraday liquidity management inside a bank has become a well developed discipline far removed from the days not so long ago when all a bank treasurer needed was the back of a cigarette pack and a pen...
There were some important lessons to be learned regarding payment systems and business continuity in the aftermath of the events of 9/11. What were these and what you should be doing if you are in any...
When the word “system” is used there is an almost reflex reaction and the word “computer” comes automatically to mind. So when we talk about a “payment system” there is usually a similar reaction. How...
The Basel II accord is very clear on the need for banks to actively manage their operational risk. However an over-emphasis is being placed on the "loss data" aspect, to the pont where sight is being ...
There are different players in the "Payments Cycle", from the end users to the banks and even the clearing systems that they use. Each one has widely differing requirements as regards their informatio...
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