Deloitte
Mexico faces risks in fight against money laundering
Fight and flight
“New price on risk” for Gulf of Mexico producers
Government and regulators are urged to act quickly to create a stable regulatory regime in the wake of the Macondo oil spill or risk stifling domestic production
Dodd-Frank Act signed but uncertainty remains
New legislation means more study and rule-makings needed, creating operational risks for banks
Dealer-led market may be disrupted by Dodd-Frank
Banks could lose margins and competitive edge as a result of derivatives reforms in Dodd-Frank Act
Cultural shift needed to embed data security enforcement
Data security awareness lacking in financial services despite big budgets
Governance returns
Excessive risk-taking was a major cause of the recent meltdown in the financial markets. Time, then, for corporate governance to return in force
Risk management will face more challenges as crisis eases
New report suggests recovery might lead to difficult times for risk managers
A granular approach to data
The drive for regulatory reform in the US has focused on the availabilty of data, and a bill being discussed in Washington, DC proposes the establishment of national data and research centres.
Doubt over Fed’s ability to limit systemic risk
The Obama administration’s proposals for safeguarding the financial system place the US Federal Reserve at the heart of a new regulatory regime for systemic risk, but some former regulators are sceptical of the Fed’s ability to carry out the job.
Deloitte survey finds risk management weaknesses
Despite the credit crisis, financial institutions are still showing risk management weaknesses in areas such as stress testing and model validation, according to an annual risk management survey conducted by Deloitte.
Cheyne auction reflects harsh reality for SIVs
An expected restructuring of the assets of defunct structured investment vehicle (SIV) Cheyne Finance later this month underlines the harsh reality faced by many investors in the vehicles, who are likely to get little or none of their money back.
Regulatory burden set to increase
Financial institutions hoping for some relief from the myriad of regulations introduced in recent years are set to be disappointed, according to recent research from global advisory firm Deloitte.
GRC is key to post-crunch compliance, says Deloitte report
Daily news headlines
Institutions still fall short on risk management
As financial institutions raise their focus on risk management, most still consider their assessments of risk to be insufficient, according to Deloitte’s global risk management survey.
BNP Paribas hires Osborn-Barker to expand pensions coverage
BNP Paribas has appointed Tony Osborn-Barker as global head of pensions in the fixed-income global risk solutions group, a newly created position based in London.
Capital modelling: Correlations in ESGs
Hoping to gain a competitive edge, leading life companies are demanding more control of their capital calculations, but can their ESG suppliers keep up with the demand?
Living with recognition
Under new accounting rules implemented this year, the majority of Europe's asset-backed securities transactions will now have to be recognised on balance sheet. Will this lead to a drop in securitisation volumes? Duncan Wood reports
The Carrots and Sticks of Compliance
Compliance on the buy side might reward the early adopters while penalizing firms that fall afoul of industry best practices and institutional investors' expectations.
The Carrots and Sticks of Compliance
Compliance on the buy side might reward the early adopters while penalizing firms that fall afoul of industry best practices and institutional investors' expectations.
FSA vague on AMA waiver pack approach
The UK Financial Services Authority is remaining tantalisingly vague about its potential approach to a waiver pack for those banks who wish to apply for the advanced measurement approach (AMA), say industry executives.
Basel II Alert - Highlight of Critical Changes
It has been more than six years in the making, but the final text of the Basel II framework has arrived. The Basel Committee on Banking Supervision published the text at the end of June to a mix response from the financial services industry.
NumeriX hires BGM co-creator
NumeriX, the cross-asset derivatives pricing software vendor based in New York, has hired Dariusz Gatarek as director of quantitative research in its London office.