Energy
Basel II delay looking increasingly likely
The financial industry's drums are beating strongly for a further delay to the implementation deadlines for Basel II, and such a delay is beginning to look increasingly likely, according to those close to the Basel Committee on Banking Supervision.
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.
Regulator outlines AMA issues for US banks
In a late-July speech at a Risk Waters Group forum on the US's advance notice of proposed rulemaking, the Federal Reserve's Kirk Odegard described how the US would be implementing the advanced measurement approach for op risk, and outlined regulators'…
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.
Rumbles in the ratings jungle
Things are astir in the ratings jungle. Moody's published a paper earlier this year detailing a specific approach to assessing operational risk. Fitch will shortly be devoting a separate section of its rating reports to op risk. And Standard & Poor's,…
WRMA to campaign on data and against normalisation
Lynda Clemmons, president of the US Weather Risk Management Association (WRMA), is to sit on an American Meteorological Society (AMS) panel to address issues in the weather industry involving weather data and public-private partnerships.
Hedge out on the highway
US haulage firms seem to be making little use of risk management tools to mitigate high fuel prices. But parcel carriers are taking the initiative, finds Kevin Foster
On the Fritz
Columnist
Sick and tired of the three per cents
High yield
Financials: safe as houses
Credit of the month
Energising returns
Energy trading
The dilemmas of risk disclosure
Disclosure
Dragonair learns from Sars
Corporate profile
China opts out of Basel II
New angles
East meets West
Fund management
Rumbles in the ratings jungle
RATINGS COMMENT
Basel paper outlines way forward for op risk insurers
REGULATORY UPDATE
Creating an op risk loss-collection framework
TECHNICAL FOCUS
Regulator outlines AMA issues for US banks
SUPERVISOR'S VIEWPOINT
On the Fritz
martin fridson
IASB relaxes stance on 'macro-hedging'
The International Accounting Standards Board (IASB) today relaxed its stance on 'macro-hedging' with its latest proposal to improve derivatives accounting.
IASB relaxes stance on 'macro-hedging'
The International Accounting Standards Board (IASB) today relaxed its stance on ‘macro-hedging’ with its latest proposal to improve derivatives accounting.
Enter Big Brother's bigger brother
Unstructured data – such as emails and telephone conversations – is hard for a company to monitor. But Big Brother is getting cleverer.