Opinion
Risk ratings, swaps margin and riding bubbles
The week on Risk.net, 21–27 April, 2018
Op risk capital: why US should adopt SMA today
No reason to delay roll-out of standardised approach, says TCH’s Greg Baer
Swaptions basis secrets, risk capital changes and forex hedges
The week on Risk.net, 14-20 April, 2018
Chinese KYC, bankruptcy problems and SOFR swap clearing
The week on Risk.net, April 7–13, 2018
Watch out for commodity vol products
Commodity traders shouldn't ignore the recent meltdown in CBOE’s Vix derivatives, writes energy consultant
How banks should organise themselves for FRTB
New market risk rules require a rethink on trading and ops, argue market risk experts
Monthly op risk losses: China’s Anbang faces huge fraud hit
Also: in-depth look at multi-billion fraud in Indian banking system. Data by ORX News
Why Asia should hold fire on replicating EU holdco rules
China and Japan should wait for outcome of US regulatory review and Brexit before retaliating
Rogue trading, fixing Vix and pruning Libor
The week on Risk.net, March 30-April 6, 2018
The case for draining excess reserves
The financial system can operate efficiently with $500 billion or less in reserves after normalisation
Systemic rules for insurers and funds should be mutually coherent
Leverage and liquidity risks are common to both sectors, says IAIS chair Victoria Saporta
From prophets to ‘parasites’
How post-trade vendors went from problem-solvers to ‘rent-seekers’
How not to control trading behaviour
Quants show popular risk measures fail to limit risk-seeking behaviour among traders
Swaps data: a Mifid-shaped hole
Data shows strong growth in US dollar rate swaps, but global picture is incomplete, says Amir Khwaja of Clarus FT
Curbing rogue behaviour
Regulators should try to combat rogue trading by measuring traders’ risk-taking differently, say quants
Credit data: UK retail sector’s woes continue
High street fails to get over Christmas slump; elsewhere, global PDs remain in flux, writes David Carruthers of Credit Benchmark
CCP losses, holdco wars and equity derivatives margin
The week on Risk.net, March 24-29, 2018
ECL regimes a volatile brew of risk and accounting
Fed asks banks to propose a solution to address CECL-CCAR mismatch
How fintech could reboot Libor
Polsinelli’s Rutenberg says blockchain technology and ‘Libor currency’ could boost submission incentives and make process more secure
The Fed’s heavy hand on economic equality
Monetary policy and bank regulations contribute to widening US wealth gap
The renewable future
The shift to solar and wind is creating new challenges
Machine learning, post-Brexit novation and a world after Libor
The week on Risk.net, March 10-16 2018
Regulatory merger keeps China on course for deleveraging
Combination of banking and insurance regulators offers opportunity to co-ordinate debt reduction measures