Energy
China permits renminbi rate swaps
A new risk-management tool will be useful but needs careful consideration
Lessons learned
Operational Risk
Limits on far VAR
Hedge Fund Perspective
Under scrutiny
Equity Derivatives
A dynastic alliance
Profile: Lou Scotto
Inflating demand
Japan inflation-linked bonds
Fundamental issues in op risk management
Misconceptions about certain key concepts are causing confusion throughout the industry. By Ali Samad-Khan, Armin Rheinbay and Stephane Le Blevec
Could do better?
Some industry participants believe US supervisors' approach to Basel II implementation is flawed, according to a survey by OR&C . By Ellen Davis
A different view on Basel II
Spain's banks are wary of jumping headlong into every aspect of the new capital Accord. But its fears appear justified, considering the country's risk profile. By Duncan Wood
ABN Amro opens commodity desk in Brazil
ABN Amro has started trading commodity futures in Brazil with the opening of its new sugar desk in Sao Paulo.
Fed gets a pasting over capital rules
WASHINGTON, DC – The new capital rules for non-Basel II banks in the US received a pasting in comments from firms and industry bodies posted on regulatory websites in late January.
CAO finance chief sentenced in Singapore
A Singapore court has sentenced Peter Lim, former chief finance officer of China Aviation Oil (CAO), to two years in prison for his part in the firm's 2004 derivatives scandal.
Scaling op risk management for SMIs: how to avoid boundary disputes
In the fourth of the series, Eric Holmquist looks at managing the crossover between op risk and other risk types to ensure no potential risk events fall between the cracks
Nymex’s side-by-side trading seen as deathknell to floor
The New York Mercantile Exchange (Nymex) will introduce side-by-side electronic and open-outcry trading in its physically settled energy futures contracts in the second quarter of 2006.
The Basel II Race
Accessing operational risk is vital for any bank that wants to reach Basel II compliance.
UBS, Diapason to launch first biofuels index
Swiss bank UBS and Swiss commodity firm Diapason Commodities Management Investors are to launch the first commodity-based index for biological fuels.
MiFID support high, despite the costs
In the first of a new series of articles surveys exploring in more detail the inner workings of the op risk and compliance disciplines, Georgina Kenyon examines the results of a recent survey into the controversial MiFID directive
Hedge funds profit from Gazprom
eastern europe long/short
Every cloud's silver lining
WEATHER DERIVATIVES
Fuelling change
Airlines
Challenging the giants
Energy and commodity rankings 2006
The soft parade
Exchanges
Price rise = price risk
Mergers and acquisitions
Getting investors into the comfort zone
CDO equity