Central banks
BIS urges firms to strengthen risk management practices
The Bank for International Settlements (BIS) has released its quarterly review, in which it details the organisation’s activity over the past three months. In it, the BIS notes potential strains to the financial system and highlights where further work…
Regulators need balanced hedge funds supervision, say panellists at Iosco event
Hedge funds are providing more liquidity in financial markets but more regulation is also needed to allow them to grow and operate efficiently, said participants at the second public panel at the 31st Annual Conference of the International Organization…
Sponsor’s article > Pan-European Credit Data Consortium Case Study: Credit Data Pooling by Banks for Banks
Institutions seeking to apply the internal ratings-based (IRB) approach under Basel II are required to provide accurate estimates of their credit risks. However, most banks do not have enough internal data on default and recovery to calculate reliable…
Editor's letter
Editorial
Shifting sands
Foreign Exchange
Asia's maritime centre
Traders hope that the arrival of freight and oil derivatives clearing for the first time in an Asian time zone will boost the growing FFA market in Asia
Industry gets energised
Attracting some 300 delegates, this year's Energy Risk USA conference was by far the biggest and most successful it's been since the fall of Enron, writes Stella Farrington
Knowledge is power
The first year of European carbon trading came to a bumpy end in May. But now the market finally has hard data about emissions, the ride should get smoother. Oliver Holtaway reports
Ramon Maronilla
Asian local currency bond markets have tripled in size since 1997. Ramon Maronilla, product engineer at State Street Global Advisors in Hong Kong, outlines the steps being taken by Asian governments to promote further growth
What's the difference between ABS and ABS?
Toby Nangle on the lessons the credit market can learn from a road safety experiment
Argentina returns to credit market
Strong economic recovery enables Argentina to issue its first bond since 2001 default
Women in credit
Credit magazine profiles 50 top-achievers working in the global credit markets today
Isda to include single-name trades in cash settlement
Following six successful credit event auctions, Isda extends the settlement process
Catastrophe bonds
Talking point
Building a market for credit options
Calls to improve efficiency in credit options trading are intensifying as the market continues to mature. Hardeep Dhillon looks at a recent initiative by Icap which brought together market participants to discuss dealers' proposals
Greenspan 'appalled' by credit derivatives processing failings
Former Fed chief hits out at sloppy CDS documentation procedures
Abstract assets
Securitisation based on new, previously unexploited assets, is a growth industry, expected to double in size by the end of 2006. Sarfraz Thind reports on how issuers are getting smarter at applying existing tools to new areas
Briefs
REGULATORY UPDATE
How the state allocates
State pensions