Commodities/Commodities

Boom or bust for risk consultants

Basel capital reform should mean a lot more business for risk management consultants. But a shortage of the right specialists could prevent them from cashing in.

The case of the missing controls?

The Basel regulators' proposals for operational risk aren't as risk-sensitive as the committee seems to think, says Tony Blunden. He argues the supervisors should pay more attention to recent developments in corporate governance.

A lot of loose ends and not much time

There's little surprise, but reactions still range from cautious approval to outright hostility. And all sides agree that some very big loose ends remain to be tied up on a very tight schedule.

Basel part one: the new accord

The Basel Committee’s second consultative paper on reform of the 1988 Accord on capital holds some surprises. Some believe regulatory capital will now have to rise. Dwight Cass reviews the changes.