Operational risk
TCV market risk system upgrade prepares for credit risk and Basel II
Treasury Corporation of Victoria (TCV), the central financing authority of the State of Victoria in Australia, has implemented a system to improve its market risk management, which it plans to extend to cover credit risk and that should help it meet…
Regulators remain fuzzy on practicalities of AMA group allocation approach
Both US and UK regulators offered only clues about how the various controversies surrounding the group allocation issue would be resolved at OpRisk Europe and OpRisk USA, hosted by Incisive Media in March.
UK banks can save money by delaying Basel II implementation, says Cass research
Delaying compliance with the New Basel Accord would save UK banks substantial amounts of money, according to research by Cass Business School of London.
Risk Into Value
Investment firms have plenty to consider in the race to achieve Basel II and operational risk mandates.
S&P launches loss estimation tool
Standard & Poor's Risk Solutions has launched LossStats Model – a tool for the estimation of loss-given default (LGD).
Integrate Basel II and Financial Reporting Standards, PwC urges banks
Financial firms should consider integrating compliance with Basel II and the International Financial Reporting Standards (IFRS) to avoid overspending on regulatory compliance, according to a report by PricewaterhouseCoopers (PwC).
Regulators not keen to define "significant" international subsidiary
It is highly unlikely that Basel II regulators will have a precise definition of a "significant international subsidiary" in order to make it easier for internationally active banking organisations to determine which of their subsidiaries can calculate…
take it to the city
Exchanges
The year of the bear
Bond outlook
Insurance firms trail behind in op risk management
Implementation Outlook
Basel II outsourcing rules seem likely
Implementation Outlook
Losses and lawsuits
Loss Database
US regulators announce development schedule
Cover Story
Extensive revisions expected for EU CAD in July draft
Regulatory Update
US-listed firms face higher costs with stricter PCAOB audit controls
Regulatory Update
FSA issues final research conflict-of-interest rules
Regulatory Update
Corporate actions automation heats up
Technology
Technology Briefs
Technology
EU Commission issues draft audit standards
Regulatory Update
Report damns NAB’s internal controls while regulator demands changes
Implementation Outlook