Operational risk
A window on transparency
Hedge funds will no doubt start 2004 where they left off in 2003 - as the investment vehicles of choice for private and institutional investors looking for the best opportunities for decent returns.
Basel Committee to publish new paper on group allocation issue
The Basel Committee on Banking Supervision will issue a paper outlining its approach to the group allocation issue shortly after the scheduled mid-January meetings of that group and (separately) the Capital Task Force.
Basel II just the beginning for operational risk monitoring in banks, says Fitch
Compliance with Basel II is only the first step in the management of operational risk in financial institutions, according to Fitch Ratings, an international rating agency.
Quant of the year - Michael Gordy, US Federal Reserve Bank
Credit risk specialist who is highly influential with academics and practitioners alike.
Op risk systems come to the fore
Operational risk came to the fore in 2003. Major software suppliers such as SunGard and SAS entered the market through partnerships with or acquisition of early entrant developers, while a number of established trading and risk management systems…
Sponsor's article > Banks look for savings with ORM
Operational risk management (ORM) is now under the spotlight with banks realising that there are savings to be made, according to a recent survey by SunGard Trading and Risk Systems. SunGard also found that Basel II is a significant driver for ORM…
Sponsor's article > SunGard Enhances Basel II Offering with Acquisition of WhiteLight
SunGard Trading and Risk Systems, an operating group of SunGard (NYSE: SDS), and SymphonyRPM today announced that SunGard has acquired the WhiteLight Basel II solution and as a result, WhiteLight's SymphonyRPM development team.
Jean-Marc Bonnefous
Jean-Marc Bonnefous, BNP Paribas’ global head of commodity derivatives, says his unique division will keep it ahead of the game. By Paul Lyon
Modernisingprice reporting
Recent investigations have seriously affected the voluntary reporting of energy price data. Now, the market is ready to move on. Edison Electric Institute’s Richard McMahon gives his organisation’s views on the future operation of indexes
Sterling economy enables funds to ride the greenback
Retail may be weak, but the strength of the UK economy and currency have caused funds to play it against the dollar
Losses and lawsuits
Loss Database
Basel II to help community banks manage op risk
Cover story
Compliance can restore confidence in US mutuals, says Fitch Ratings
Regulatory Update
UK looks over to Europe in responses to CP189
Regulatory Update
Business grows as regulators scrutinise research companies
Implementation Outlook
South Africa leads Basel preparations in Africa
Cover story
Banks struggle with UK combined code
Regulatory Update
Technology briefs
Technology
PCAOB proposes rules for non-US accounting firms
Regulatory Update
Bank of England says transparency is a "two-edged sword" for banks
Implementation Outlook