KPMG
Changing Hats, April 2011
The latest movers and shakers in operational risk
Risk officers concerned about regulators’ approach to branch liquidity
Some risk officers at international and domestic banks in the Asia-Pacific region are frustrated by the regulatory focus on country-by-country stress tests and a trend towards branch liquidity.
KPMG and ORX complete investigation into global scenario analysis plans
Consultancy and industry body researched complexity and terminology of scenario analysis at large banks
Revised Basel III liquidity rules force Asia into uncharted territory
Uncharted territory
Business continuity relies on adaptabilty amid civil unrest
Ready for anything
Not seeking Solvency II equivalence “business opportunity” for Guernsey
Not seeking equivalence “business opportunity” for Guernsey
Fair-value accounting for CVA, part two
Fair-value accounting for CVA
Accountancies struggle to quantify true size of UK fraud in 2010
Firms differ on how big a threat fraud represents at the start of 2011
Fair-value accounting for CVA
Fair-value accounting for CVA
Duff & Phelps nabs two senior execs from Fitch
Duff & Phelps nabs two senior execs from Fitch
Changing Hats, January 2011
Changing Hats
The top 10 operational risks to watch in 2011
Batten down the hatches
Lifemark investors low down in pecking order for payouts
Lifemark investors low down in pecking order for payouts
Mexico faces risks in fight against money laundering
Fight and flight
Time running out for UK energy supply security
Energy policy framework clarity is absolutely crucial to the future of investment in the UK energy sector, industry tells Minister for Energy
UAE firm sues MD over bonuses
Claims director mis-stated profits in order to collect bonus
Regulatory culture vultures start to circle in UK
Regulating for good culture and ethics at financial institutions is difficult because it is so subjective, but there are signs the UK supervisor is moving in that direction
Chinese banks’ AMA op risk projects on hold
AMA projects on hold as Chinese banks get to grips with credit risk portion of Basel II
Oil outlook revised down
Oil prices are not expected to top $100/bbl in 2010 as energy sector participants pare down their 2010 forecasts in light of supply issues
Countrywide to pay $600 million to New York pension funds
Mortgage bank alleged to have exposed investors to excessive risk