Dealers at London event remain unconvinced by controversial funding adjustment
Need for strong boards, risk culture and internal audit emphasised at IIA conference
Regulator will impose Basel III add-on if risks are not captured by LCR
“Most arbitrage trading has simply ceased,” Goldman exec counters
Banks call for audit trails and beefed-up role for risk committees
KRIs for rogue trading are vital defence against multi-billion-dollar losses from unauthorised trading
This paper identifies three steps in sourcing risk.
In this issue of The Journal of Computational Finance, we encounter different contemporary approximations and techniques for financial problems.
Figures from the US Financial Crime Enforcement show a near-record level of suspicious transactions, especially around money laundering
Modern CROs must think carefully about value, especially for capital-heavy products, says Tom Wilson
Common cultural practices may span the divides between financial institutions – promoting common operational risks
Policy expert says most trading risks already captured under Pillar 2 framework
White paper: IBM Business Analytics
Head of op risk supervisory team views tools as 'catalysts for change'
Regulatory and supervisory deference in the context of Australia’s over-the-counter derivative trade reporting and derivative trade repositories regimes
This paper provides an Australian regulatory perspective on the over-the-counter landscape and shows how regulatory deference can play a facilitating role in the cross-border context.
BlackRock exec calls for standardised test before European clearing starts
Outsourcing and concentration could create inadvertent keystone companies
This paper argues that the current international policy measures with respect to central counterparties (CCPs) only partly address the systemic risk posed by CCPs.
Current offence under Financial Services Act 2012 is "unprosecutable"
Accounting exposures win out as banks seek to align capital with front-office practice
Analysis of risk factors in the Korean repo market based on US and European repo market experiences during the global financial crisis
This paper evaluates the Korean repo market in the light of the global financial crisis.
Personal accountability rules won’t change behaviour at lower rungs until enforced
"Why wouldn't you put up... all of your capital?" asks Olsen