How to define RWAs has prompted debate across the global industry but Standard Chartered head of portfolio risk, Paul Harrald, says he has a solution
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Aaron Woolner articles
Marking whole positions to the current clearing price as in mark-to-market accounting ignores the effect that liquidating a position can have. Such valuations overstate the cash that will be received and underestimate a position’s leverage. Simple parametric...
In contrast to regulatory efforts in the US and Europe, China’s lawmakers are pushing for greater liberalisation of domestic derivatives, as Isda’s Jing Gu writes
Asset managers in Asia are being hindered in preparing for OTC clearing by a lack of clarity over location
Experience of the Asian financial crisis leads Bank of Thailand's deputy governor to question the LCR parameters
Some have argued that the debit valuation adjustment – which measures the benefit to a bank from its own potential for default – is monetisable. They claim replication strategies involving the dealer buying its own bonds, or writing protection on...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future