Operational risk
Weaving an integrated solution
A treacherous credit environment and growing awareness of the danger of credit and market risk correlation have convinced financial institutions that they need to evaluate these exposures together. To get a unified view, will they need to adopt unified…
East European banks could pay Basel II dividend
Major east European banks could take advantage of the Basel II bank capital adequacy accord to reduce their high levels of capital charges through paying higher dividends, a senior Czech banker said in April.
Standard Chartered's New Risk Architecture
An enterprise-wide risk engine will better integrate risk measurement with business decisions.
Chief risk officers
Risk is the business of insurance companies, but risk management in the sector is not nearly as developed as it is in the banking industry. Now, a new crop of chief risk officers will be trying to change all that.
EU bank regulation debate intensifies
The debate over banking supervision in the European Union intensified in April as Britain and Germany argued for keeping regulation under the aegis of national regulators, while many central bankers argued that the role should be left to the European…
Regulators plan trio of Basel II papers for October
Global banking regulators plan to issue on October 1 a working paper on the treatment of asset securitisation in the Basel II banking accord, one of the issues delaying the coming-into-effect of the controversial pact until late 2006.
Measuring the Unexpected
The events of Sept. 11 brought increased attention and confusion to the practice of managing operational risk.
The Basle II capital accord: op risk proposals in brief
BASLE II UPDATE
Op risk alert for traders
BASLE II UPDATE
Split-operations recovery model is in vogue post-September 11
DISASTER RECOVERY
Basle regulators launch second op risk survey
FRONT PAGE NEWS
Basle II accord won’t affect most US banks, says central banker
BASLE II UPDATE
UK insurance op risk rules could be curtailed by EU indecision
FRONT PAGE NEWS
Bank risk management weaker in Asia-Pacific region, says S&P
BASLE II UPDATE
EU likely to meet critics on op risk capital charge
BASLE II UPDATE
UK watchdog won’t pressure banks on advanced Basle II approaches
BASLE II UPDATE
Greenspan says Basle II could reduce extremes of business cycles
BASLE II UPDATE
UK could require more op risk capital from insurance firms from 2004
INSURANCE REGULATION
A cost/benefit approach to Basel II
The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…
The benefits of Enron
Many corporations are keeping a low profile when it comes to their derivatives use. But when the Enron-related witch-hunts are over, companies may find that insurers and shareholders now view corporate hedging as a fiduciary duty
France develops new code of conduct for alternative investment
French investment boutiques are set to benefit from the country's planned relaxation of fund regulation
The Impact of Basle II on the Dealing Community
Overlook the implications of Basle II at your peril, says Garfield Hayes, head of marketing communications at Wall Street Systems.