Energy
Ireland’s energy regulators to probe trading rules before full liberalisation
Ireland’s Commission for Energy Regulation (CER) is working on plans to liberalise the country’s electricity market and should publish a “decision on high principles” in April this year, according to Denis Cagney, head of networks at the CER in Dublin.
Feinstein asks CFTC to investigate gas pricing manipulation
Dianne Feinstein, the Democrat senator for California, yesterday urged the Commodity Futures Trading Commission (CFTC) to work with the Federal Energy Regulatory Commission (FERC) to investigate whether there has been manipulation of the US natural gas…
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Fidelity takes its pick
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Isda’s Metcalfe organises AMA exercise
REGULATORY UPDATE
RiskNews review
RiskNews review
Goldman launches gold warrants for retail
New angles
Tailoring internal models
Insurance special – Risk models
"Substantial flaws still remain" in Basel II, says CSFB's Ervin
"While there is much to admire in the new [Basel II] rules, there are also many elements that raise serious concern," said Wilson Ervin, a managing director and head of the firm's strategic risk management department of Credit Suisse First Boston, who…
Substantial flaws remain in Basel II, says CSFB's Ervin
Wilson Ervin, head of the strategic risk management department at Credit Suisse First Boston, yesterday said that there are causes for concern in the Basel II proposals. "While there is much to admire in the new [Basel II] rules, there are also many…
Formation of WBOT blows off course
Atlanta-based Weather Board of Trade (WBOT) has missed its planned February 2003 launch date, and its viability has been called into a question by a number of market participants. The online weather derivatives exchange originally planned to launch in…
Insurers to sue Worldwide Weather Trading for fraud
A number of insurance companies have been granted the go-ahead by the Nassau County Court in New York to launch a lawsuit against Worldwide Weather Trading (WWT), alleging the company fraudulently sold weather derivatives policies. The plaintiffs will…
Deutsche launches commodity indexes
Deutsche Bank has launched two new indexes that track the performance of a small set of liquid commodities.
Knowing when the price is right
olatile markets have led to a change in risk procedures, with VaR and manager-led stop/loss strategies being favoured over automated controls
AccuWeather president calls for regulation of US National Weather Service
Joel Myers, president of AccuWeather, the Pennsylvania-based weather forecasting company, yesterday called for increased government regulation of the US National Weather Service (NWS), amid fears that its current practice of offering certain institutions…
ORIAG paper published on FSA website
The Operational Risk Implementation Advisory Group (ORIAG), which is chaired by the UK's Financial Services Authority (FSA), has posted its working paper, "Implementation of the Capital Accord for Operational Risk" on its website.
Judicial stalemate
Germany
The bigger they come…
Germany
Ahead of the green game
Germany
Credit’s minefield
Credit bombs
TradeWeb and Charles River launch trade tool
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