Operational risk
The Basle II capital accord: op risk proposals in brief
BASLE II UPDDATE
QIS3 survey delay puts back Basle II accord to 2006
BASLE II UPDATE
ORX loss database expected to start soon
TECHNOLOGY NEWS
Job moves
QUOTE OF THE MONTH: - “I have come to you with a problem – we need to outsource our balance-sheet funding” From an e-mail sent last year by John Rusnak to an unnamed counterparty, referring to his deep-in-the-money options trades, or ‘synthetic loans'.
Basel II delay could help EU
A further delay in the coming-into-effect of the Basel II banking accord to 2006 might take the pressure off the European Union’s attempts to co-ordinate the timing of its own new banking rules, some political analysts said in late February.
Regulator hits back at Basel II critics
Much of the complexity for which the Basel II bank capital accord is criticised is the inevitable result of three highly desirable features of the pact - namely, risk sensitivity, wide applicability and the shifting of the task of risk measurement to…
Insurance companies - On the road to Basel III
UK regulators want to harmonise regulation of the financial services sector - and they have insurance companies in their sights.
Enron-related regulatory issues hit derivatives industry
Enron's collapse has sparked calls for more derivatives regulation and stricter accounting standards in the US. What proposals should the derivatives industry be concerned about?
Changes afoot at rating agencies
Rating agencies are under fire once again, this time for failing to anticipate Enron’s bankruptcy. But they are looking to improve their methodology. What do the changes mean for banks that will have to rely on their ratings under Basel II?
Credit risk reporting: Managing the exposure challenge
Mass financial shocks – including Enron and Argentina – are forcing banks to disclose more information, faster, about their credit exposures to satisfy skittish investors. How are banks' technology infrastructures coping with this challenge?
The Basle II capital accord: op risk proposals in brief
BASLE II UPDATE
UK firms face increasing op risk
ASSET MANAGEMENT
AIB loss poses questions for the banking industry
FRONT PAGE NEWS
At the centre of the financial enterprise
ENTERPRISE-WIDE RISK MANAGEMENT
Basle II delay could help EU
BASLE II UPDATE
On the road to Basle III
INSURANCE COMPANIES
Regulator hits back at Basle II critics
BASLE II UPDATE
Legislation | Enron-related regulatory issues hit derivatives industry
Enron’s collapse has sparked calls for more derivatives regulation and stricter accounting standards in the US. What proposals should the derivatives industry be concerned about? Polyn
AIB currency losses bring forex training into spotlight
Many banks are putting more emphasis on training foreign exchange dealers to minimise risk following Allied Irish Banks' loss of $691 million, stemming from an alleged currency fraud at subsidiary Allfirst in Baltimore.
TFS-Icap completes Volbroker integration
Interbank broker TFS-Icap has completed the integration of online options broking platform Volbroker, following its December 1 acquisition of a stake in the bank-owned consortium.
Weary recognition of gross income as Basel II op risk measure
LONDON - There was "weary recognition" among bankers that the use of gross income as a measure of operational risk was the least bad approach, said Richard Metcalfe, co-head of the European office of the International Swaps and Derivatives Association …
The Basle II capital accord: op risk proposals in brief
This summary has been updated to include the revisions to the Basle II op risk proposals contained in the Working Paper on the Regulatory Treatment of Operational Risk issued in September, 2001 and available on the Bank for International Settlements’…