Organisation for Economic Co-operation and Development (OECD)
No going back
The credit crisis has highlighted a series of failings in risk management systems and processes at banks. Hans Blommestein of the OECD describes the steps banks must take to continue to benefit from using derivatives in the long run
Sox comes to Asia
As Japan's version of Sarbanes-Oxley heads towards implementation, other Asia-Pacific countries are also introducing their own versions of the US legislation. But, learning from US Sox mistakes, they are tailoring their reforms to their political and…
OECD works with China on governance issues
At a mid-May conference in Beijing, Richard Hecklinger, deputy secretary-general of the OECD, outlined the work that his organisation is undertaking both on a global scale and within China to improve corporate governance.
Book extract > Regulatory Use of Credit Ratings: Implications for Banks, Supervisors and Markets
Barbara C. Matthews is Banking Advisor and Regulatory Counsel to the Institute of International Finance, Inc. (IIF). The views presented in this chapter, however, are her personal views and do not necessarily represent the views of the IIF or its members…
Gross income - what’s in a name?
Banking regulators are pondering whether to change the title ‘gross income’ as currently applied in the simpler approaches for measuring op risk under the Basel II banking accord.
Stepping up for Basel
South Korea’s banks stand to be the hardest hit by the new Basel recommendations, forcing institutions to focus on improving risk management operations. Vikki Kunz reports from Seoul.
Unleashing Asia’s demons
The Basel Committee’s new consultative paper on capital adequacy could wreak havoc with Asia’s domestic banks. The revamped rules will make the shortcomings of their risk management systems all too clear.
Unleashing Asia's demons
The Basel Committee’s new consultative paper on capital adequacy could wreak havoc with Asia’s domestic banks. The revamped rules will make the shortcomings of their risk management systems all too clear.