Commodities/Rankings

HKMA takes the lead

The Hong Kong Monetary Authority has put together its national implementation guidelines for Basel II, making it one of the first regulators globally to detail its qualifying criteria for those banks aiming for the internal ratings-based approaches in…

Parmalat focus: Tragedy or farce?

Corporate Europe has been gripped by a scandal that has led to the downfall of one of Italy's largest and most established companies – dairy producer Parmalat. Bondholders don't know whether to laugh or cry at the size of the fraud.

Mark up the scorecard

Sergio Scandizzo and Roberto Setola explore the application of a scorecard approach to the measurement of operational risk, assessing both its reliability as a risk-management tool and the practicalities of its implementation.

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