Central banks
French banks behind on op risk
COVER STORY
Basel II is a key driver for real-time info
TECHNOLOGY BRIEFS
Emerging markets raise concerns at World Bank/IMF annual meeting
EMERGING MARKETS
CP3 respondents baulk at impact of Basel II on developing nations
EMERGING MARKETS
Losses and lawsuits
LOSS DATABASE
Europe debates clearing and settlement
TECHNOLOGY
L’Espresso loses out in interest rate trade
New angles
Inflation trading comes of age
Interest rates
How to check your price
Systems
The Asian connection
Continuous-linked settlement
Emerging markets raise concerns at World Bank meeting
The discretion to introduce more flexibility in calculating certainoperational risks under the alternative standard approach (ASA) wascautiously welcomed by developing country representatives present at theWorld Bank/International Monetary Fund’s seminar…
Sponsor's article > Basel backlash: the summer of discontent
Regulators in the United States have been voicing their concerns about Basel II for some time. But now banks elsewhere are also opposing some of the proposals.
Creating an op risk loss-collection framework
To meet the Basel II advanced measurement requirements and improve op risk management, firms must establish robust loss databases. Ulrich Anders and Jürgen Platz of Dresdner Bank in Frankfurt outline such a framework.
Basel paper outlines way forward for op risk insurers
The Basel Committee on Banking Supervision released a paper in August outlining what the insurance industry must do to design op risk transfer products, including insurance and capital markets products.
Solving The Identity Crisis
Prudential Financial's homegrown Customer Identification Program solution answers the question behind the USA Patriot Act's Rule 326: Do you really know your customer?
The devil is in the detail, CP3 respondents tell Basel Committee
Comments on the op risk portions of the Basel Committee on Banking Supervision's third consultative paper (CP3) were supportive of the overall framework, but highly critical of specific details in the proposal.
Tennessee’s valley of debt
Tennessee Valley Authority’s power plant financing arrangements should be measured as debt, says the US General Accounting Office, thereby putting further pressure on its politically sensitive and federally restricted debt levels. Paul Lyon reports