With more Islamic institutions looking for ratings, the general manager of the financial institutions group at Moody's in Cyprus explains how the agency rates these names versus conventional credits
Brazil and Argentina have repaid in full the debt owed to the IMF. But while Brazil seemed grateful for the loan, Argentina's president made a bridge-burning speech attacking the Fund's policies. Josh Goodman looks at the two nations' economic outlook
Exchange profile: TurkDex
A landmark deal from Tabcorp in 2004 marked the emergence of the high-yield bond market in Australia, while the rebalancing of the UBS Composite Bond Index to include lower-rated credits is also fuelling growth, writes Alan McNee in this month's regional...
Integrated management of operational risks can help prevent financial crises in emerging markets, according to the Emerging Markets Group (EMG), an international development consulting firm that promotes risk-based supervision of financial institutions...
Banks in Asia and Latin America are increasing efforts to catch up with their European and North American counterparts in developing high-quality operational risk management programmes, according to Ali Samad-Khan, president of the newly formed Operational...
The emerging markets might find compliance with the new Basel Accord a struggle, but ambitions are high. And the pressure is on for regulators to be seen to be adopting Basel II within the international community.
Latin America will be the non-OECD continent with the highest percentage of banking assets under the various Basel II op risk approaches according to a new study completed by the Financial Stability Institute.
Financial institutions in emerging markets are overly optimistic that they will implement Basel II on time, according to a survey conducted by the World Bank. The results were announced at the World Bank advanced risk management workshop in Washington,...
Companies must concentrate on understanding the political and economic risks of investing in the emerging markets, warns Aon, the Chicago-based insurance and risk management consulting firm.
Marco van der Burgt constructs a model of emerging market transfer risk based on a country’s foreign exchange reserves that is combined with facility-dependent risk factors that determine counterparty exposure in the event of a moratorium. He then combines...
The International Swaps and Derivatives Association (Isda) has released its first master confirmation agreement to standardise the trading of credit derivatives referenced to sovereign issuers.
Implementation of Basel II "is a tall order for most emerging markets", said Zeti Akhtar Aziz, governor of the Bank Negara Malaysia at the 12th annual Central Banking Conference in London yesterday.