Opinion
Margin model keeps testing the limits of industry co-operation
Simm supporters say it is a work in progress, but more participants may slow that progress
FRTB’s risk factor framework is more punitive than it seems
Regime’s constraints may mean risk factors drop in and out of modellability far more frequently than dealers think
Leverage ratio, Basel debate and a year of surprises
Two weeks on Risk.net, December 23–January 5
Why liquidity risk is the silent clearing killer
A quant paper shows feedback effects can amplify CCP margin requirements in stressed markets
Why the leverage ratio distorts market-making
Darrell Duffie argues the rule hurts market efficiency for very safe assets
Risk measurement: A call for standards
Risk professionals and investors would both benefit from industry-wide norms
Risk managers: beware conventional 'wisdom'
Why the consensus view so often fails to predict seismic shocks
TLAC, sovereign risk and clearing for small firms
The week on Risk.net, December 17–December 23
Stress testing, Simm and non-cleared margin
The week on Risk.net, December 9–15, 2016
FTRB, energy market liquidity and variation margin
The week on Risk.net, December 2–8, 2016
Relative values: JPM’s $260m China interns fine tops November losses
Megan van Ooyen from SAS rounds up the top five op risk losses for November
VM showdown a clash banks could not win
Clients clinging to hard-won CSA terms, in face of dealer calls for standardisation
Energy hedging is down but not out
Market conditions will change, bringing liquidity back
Why risk aversion should be built into product structuring
Irrational behaviours that creep into product structuring can be controlled mathematically
Banking book risk, op risk losses and problems with FRTB
The week on Risk.net, November 25-December 1, 2016
Can quants defuse the pension time bomb?
Alex Lipton argues new quantitative methods are needed to solve the looming pension crisis
Smart contracts, structured product regulation and CCP member defaults
The week on Risk.net, November 18–24, 2016
How will banks suffer large op risk losses in the future?
Eight interlocking trends mean more multi-billion-dollar losses to come
The hidden credit risk in US tax reforms
IRS's Section 871(m) rule poses huge problems for US and European structured products issuers
Liquidity, CVA and Trump risk
The week on Risk.net, November 11–17, 2016
Auditors: the extra line of defence
If CDS skew spikes, some banks may be thankful for conservative accountants
Political risk, variation margin and liquidity for non-banks
The week on Risk.net, November 4–10, 2016
RBS mortgage mis-selling returns to haunt lender
Megan van Ooyen from SAS rounds up the top five op risk losses for October
Brexit margin calls, SwapAgent and the roots of op risk losses
The week on Risk.net, October 27–November 2, 2016