Energy
FSA study shows wide gap in firms' op risk frameworks
LONDON - In late July, the UK's FSA published a study of the practical implementation challenges that financial firms face when putting together an op risk infrastructure.
CME and UK's Met Office to launch European weather derivatives
The Chicago Mercantile Exchange (CME), the UK's Met Office and its joint venture company, Weather Xchange Limited (weatherXchange), have unveiled plans to jointly develop global weather futures and options contracts.
Basel Committee releases two reports
The Basel Committee on Banking Supervision released two reports this morning—one on risk integration and aggregation and second on operational risk transfer. The papers are authored by the Joint Forum, which is composed of members of the Basel Committee,…
A capital adequacy primer
A summary of the Committee of Chief Risk Officers' (CCRO) emerging guidelines on capital adequacy, by Cinergy's Antonio Ligeralde, Kenneth Robinson of El Paso Merchant Energy and CCRO head Michael Smith.
CP189: the FSA yet to clarify rules for key op risk issues
LONDON - UK firms are faced with more questions than answers in the operational risk portions of the latest consultation paper from the FSA, CP189: Report and first consultation on the implementation of the new Basel and EU capital adequacy standards,…
LNG not a short-term supply fix, warns US research firm
Liquified natural gas (LNG) will have a minimal impact on a significant US gas storage shortfall in the winter of 2003/2004, despite its long-term promise, says Energy Security Analysis Inc (Esai), a Boston-based research firm.
The search for spot
Strong demand for US liquefied natural gas is accelerating the development of an active global spot market and pricing benchmarks, as Catherine Lacoursière discovers
Murky UK AML picture awaits regulatory clarification
ANTI-MONEY LAUNDERING
Moody’s preparing pan-European bank operational risk report
IMPLEMENTATION OUTLOOK
CP189: the FSA yet to clarify rules for key op risk issues
REGULATORY UPDATE
FSA study shows wide gap in firms’ op risk frameworks
IMPLEMENTATION OUTLOOK
The dividend divide
Cover story
Getting to grips with fair value
European corporate treasurers and finance officers are still way behind in their preparations for IAS 39.
US pushes agreement on carbon storage research
The US government has launched an international research and development programme to reduce power plant emissions by pumping carbon dioxide (CO2) into deep storage.
LNG may not fix gas supply problem
Despite its long-term promise, liquified natural gas (LNG) will only have a minimal impact on a significant US gas storage shortfall in the winter of 2003/2004, says Energy Security Analysis Inc (Esai), a Boston-based research firm.
Getting to grips with fair value
Derivatives accounting
Structurally sound
Profile
The right tools
Portfolio selection
High-yield junkies
Fallen angels
US autos: grinding to a halt
Credit of the month
A market redeemed
CDOs