Exchanges
Industry On Alert
A joint finance-technology-government effort to safeguard the market infrastructure has already resulted in a secret command center and preliminary guidelines for industry-wide best practices.
Standard Chartered's New Risk Architecture
An enterprise-wide risk engine will better integrate risk measurement with business decisions.
Chief risk officers
Risk is the business of insurance companies, but risk management in the sector is not nearly as developed as it is in the banking industry. Now, a new crop of chief risk officers will be trying to change all that.
Basel regulators hope for SME solution by mid-June
Global banking regulators said in late April they were optimistic they could resolve by mid-June the vexed question of the treatment of lending to small to medium-sized enterprises (SMEs) under the Basel II bank capital adequacy accord.
Regulators plan trio of Basel II papers for October
Global banking regulators plan to issue on October 1 a working paper on the treatment of asset securitisation in the Basel II banking accord, one of the issues delaying the coming-into-effect of the controversial pact until late 2006.
Measuring the Unexpected
The events of Sept. 11 brought increased attention and confusion to the practice of managing operational risk.
The waiting game
Taiwan
Adding to the pile
New products
A search for yield
New Angles
A perfect match
Alliances and consolidation
A hive of activity
Comment
Going cross-border
Technology
The Basle II capital accord: op risk proposals in brief
BASLE II UPDATE
Basle regulators launch second op risk survey
FRONT PAGE NEWS
UK insurance op risk rules could be curtailed by EU indecision
FRONT PAGE NEWS
Outsmarting rogue traders
ELECTRONIC CURRENCY TRADING
UK watchdog won’t pressure banks on advanced Basle II approaches
BASLE II UPDATE
UK could require more op risk capital from insurance firms from 2004
INSURANCE REGULATION
A cost/benefit approach to Basel II
The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…
The active manager
SG Asset Management’s Stéphane Farouze provides tailor-made capital guarantees for investment managers. After closing some of the biggest deals in Europe, now he is eyeing the US