Energy

Basel scraps 'w' charge from pillar 1

The Basel Committee on Banking Supervision has reacted to strong industry criticism of its controversial 'w' charge by scrapping it from pillar 1, regulatory capital, of its proposed new regulatory capital requirements – Basel II. It will now be included…

Complexity of weather deals set to grow

Trades in the growing weather risk market are likely to include a greater number of complex cross-commodity products as end-user sophistication increases, according to Valter Stoiani, manager for trading at Houston-based Enron Global Markets' weather…

Bernstein admits change of heart at ARS conference

Peter Bernstein, author of “Against the Gods”, the best-selling book on the history of risk, now says he “got the point all wrong” in the book. Bernstein, giving the keynote address at Risk magazine’s Alternative Risk Strategies 2001 conference in New…

The new Accord delayed

Implementation of Basel II has been delayed to 2005, and regulators are revising key elements of their proposals for a new Accord on bank capital.

A safe bet

Financing trade movements between emerging markets and developed markets can be a lucrative, if slightly dull, market

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