Financial Services Authority (FSA)
Liquidity flow charting
New rules on liquidity risk from the Basel Committee and the UK Financial Services Authority have left banks scrambling to get the necessary risk and reporting systems in place. Clive Davidson looks at the challenges they face
Escape from Solvency II - insurers consider the offshore option
Many UK insurers faced with growing regulatory pressure are seeking a move offshore to escape the forthcoming Solvency II regulations and the high capital charges they bring. But do lower capital charges equal lower standards for consumers? Blake Evans…
Jubilee's flight to quality
Since Jubilee Financial Products launched in 2008, UK plan managers have found themselves in increasingly turbulent waters. Jubilee’s strategy for success in such conditions has been to limit its scope to the high end of the market, using a top brand…
Where there's a (living) will
Living wills have quickly emerged as a new measure to ensure banks are better prepared for the next crisis. But clear definitions of exactly what information they should contain and how they should be drawn up do not exist.
Questioning the compensation carrot
Regulators on both sides of the Atlantic have demanded that bank compensation packages are adjusted for risk. A variety of proposals have been released by individual supervisors, but they are simpler – and in some cases, more draconian – than many were…
It will end in tiers
Regulators are intent on bolstering capital at financial institutions, with most citing common equity as the key component needed to absorb losses in financial downturns. What implications does this have for mutually owned institutions, and what can they…
The thirst for liquidity
Bank supervisors the world over are set to revise liquidity requirements for financial institutions in a bid to improve financial stability. But the banking community – already struggling under the weight of new regulation – is not convinced the efforts…