Articles by Joel Clark
Crude but credible
Regulators are warming to the idea of introducing a leverage ratio to limit the excessive build-up of assets on bank balance sheets. But they face an uphill battle to create an internationally consistent measure that addresses differences in accounting…
Reporting riddle
A requirement by the UK Financial Services Authority for financial institutions to run regular reports on their liquidity positions from next year has raised a number of operational challenges. Is this fuelling a move towards enterprise risk management?…
Crude but credible
Regulators are warming to the idea of introducing a leverage ratio to limit the excessive build-up of assets on bank balance sheets. But they face an uphill battle to create an internationally consistent measure that addresses differences in accounting…
A vicious circle
Regulators are looking at how best to ensure capital adequacy rules are not pro-cyclical. The Basel Committee has proposed changes to its market risk rules, but further, counter-cyclical changes have been suggested. What is being considered and what are…
What's it worth?
The financial crisis has highlighted shortcomings in bank valuation practices for complex securities. With regulators clamouring for the use of independent prices, there could be an opportunity for third-party data providers. But are banks taking the…
Learning from Basel's mistakes
Regulators are looking again at the Basel II Accord in an attempt to incorporate the lessons learned from the financial crisis. What have Solvency II rule-makers learned from the Basel experience? Joel Clark investigates