Since the collapse of Lehman Brothers in September 2008, counterparty credit risk management has assumed critical importance at both sell-side and buy-side institutions.The failure of Lehman Brothers and near failure of several other major financial institutions have highlighted the need for more robust counterparty risk management procedures. It is no surprise, then, that financial institutions across the board are committing resources to improve internal processes and systems in this area.
The week in Risk.net, February 10-16 2017Receive this by email
- Operational risk in financial services: Navigating risk management challenges in an uncertain world
- UK banks face increased XVA burden after ring-fencing
- State aid, Brexit’s impact on Mifid, and the Fed embattled
- Banks get no relief from CFTC’s variation margin delay
- Three Japanese banks consider new CVA approach