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Peter Hughes

Peter Hughes is a chartered accountant, senior advisor to the Risk Accounting Standards Board (RASB), a visiting fellow at the Durham University Business School and a former banker with JPMorgan Chase. He is the author of the book, Risk accounting: The complete guide to quantifying and accounting for non-financial risks.

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Op Risk Capital: Don’t Loathe It, Change It!

by Peter Hughes

Thoughts

Nov 30, 2023

“Why bank CEOs loathe op risk capital” was a headline in an April 2017 Risk.Net article that left readers in no doubt what bank CEOs truly feel about one aspect of the regulatory capital regime. In this article, Peter Hughes suggests that bank CEOs should be pressing their own organizations to find a solution.