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Opinion

Legal Spotlight

The ECB has set minimum standards that ABS must meet if issuers are to use the securities as repo-eligible funding. Angus Duncan assesses the impact of these new rules on existing ABS

The danger of two cultures

A 50-year-old essay on the failure of communication between scientists and literary intellectuals might offer lessons for the future of modern finance, argues David Rowe

Basel's not faulty

Basel II has attracted its fair share of criticism in the wake of the financial crisis. Ahmet Yetis argues much of this criticism is unfair

Why Basel's not faulty

The tenets of the Basel II Capital Accord are fundamentally sound; it's the methods that the banks are using to implement them that are not so sound

My money's on covered bonds

An asset class that has prospered throughout some of the most turbulent times in modern European history must surely be a serious investment prospect during the current downturn

Corrosive feedback

Innovations create their own feedback loops, and many of these are dangerous. Risk managers need to pay greater attention to such effects in the future, argues David Rowe

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