Operational risk
Briefs
REGULATORY UPDATE
FSA/CEBS co-ordination under fire
COVER STORY
EDM spending 'set to double'
MANAGEMENT INTELLIGENCE
SOX 'boosted' banks' op risk management
CORPORATE GOVERNANCE
Basel puts QIS5 on starting blocks
REGULATORY UPDATE
A consolidating market
OP RISK SOFTWARE
Briefs
MEASUREMENT ADVANCES
Scenario analysis workstream from RiskBusiness
MEASUREMENT ADVANCES
Snow urges ending of terrorism insurance act
MANAGEMENT INTELLIGENCE
Basel Committee issues corp gov guidelines
CORPORATE GOVERNANCE
Fitch unveils op risk assessment method
MEASUREMENT ADVANCES
Singapore issues corp governance code
CORPORATE GOVERNANCE
Pricing the weather
Pricing weather derivatives is different from valuing other derivatives contracts – actuarial methods play a greater role. Steve Jewson looks at the varied approaches available
The twin challenges of Basel and MiFID
SPONSORED ROUND TABLE
The mezzanine wrangle
Mezzanine finance
Ensuring Insurance
Are existing insurance products meeting financial institutions' needs? Giuffre Associates' Sandra Giuffre finds out
Is Basel II a hurdle too far for US broker-dealers?
Broker-dealers in the US are having to cope with the SEC's capital requirements, while still being somewhat in the dark about the upcoming Basel II framework. By Choongo Moonga
Webcast >> Op Risk Technology
OPERATIONAL RISK gathered together top technology executives in June to debate the future of the op risk discipline.
MiFID: the race to comply
The EU's Markets in Financial Instruments Directive has been described as one of the most far-reaching overhauls of the financial industry ever. But with Basel II dominating the headlines, few firms have yet started to prepare in earnest for the 2007…
QIS4 results show additional capital is needed, says S&P
The early results of the Fourth Quantitative Impact Study (QIS4), which show a significant reduction in Basel II regulatory capital in Germany and the US, point to the need for additional capital charges under Pillar II of the new banking framework,…
New op risk papers
LONDON – A raft of new technical papers on operational risk have been made available on the web over the past few months. A few of the most interesting are summarised below:
Two new consultation papers from CEBS
LONDON – The Committee of European Banking Supervisors (CEBS) launched two substantial consultation papers in June – one on the supervisory review process and the second on credit rating agencies.
M&As spark op risk software shuffle
LONDON AND NEW YORK – Mergers and acquisitions are hotting up again in the op risk software industry. Two acquisition announcements in June have set tongues wagging on both sides of the Atlantic about who the next targets will be, and which potential…
South Africa outlines Basel II challenges
South Africa has to amend its banking regulatory framework to accommodate the requirements of the new Basel Capital Accord, Basel II, says Errol Kruger, South Africa's Registrar of Banks and general manager of the supervision department at the country's…