Russian bank's trading head says political crisis has not spilled into local markets
Adventures in Wonderland
Settlement risk in Russia's ruble is preventing the currency realising its global ambitions
With extreme volatility and liquidity concerns hitting Russia in the second half of 2008, large cracks were exposed in the country's bank risk management practices. Alexey Simanovsky, director of banking regulation and supervision at the Bank of Russia,...
Alexey Simanovsky, director of banking regulation and supervision at the Bank of Russia, updates Risk on Basel II compliance and other risk management issues affecting the local market.
Russia is moving ahead with Basel II implementation, with a new industry working group and new regulatory rules. Ellen Davis reports