Markets regulators will not require CCPs to have contractual liquidity commitments - but Fed is said to retain concerns and CCPs need approval from both camps
Troubled bank hires ethics board head to help restore confidence after mismanagement led to huge financial losses
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Federal reserve articles
Citi head of global commodities “doesn’t lay awake at night awaiting a full-scale assault” from non-bank companies, such as oil majors and commodity trading houses
Regulators are preparing to label some mutual funds and hedge funds as systemically important – a tag that brings with it the possibility of heavy-handed intervention by bank supervisors. Buy-siders are already raising the prospect of legal retaliation....
With draft rules threatening to drive up repo costs, regulators are divided on how far to go, according to SEB's head of risk and capital management
Conduct risk and corporate culture are live issues for Steve Verney, chief risk officer at Allstate, but he also sees the need for risk involvement in business decision making – and preparation for possible reform of capital rules
Phillis formerly managed the op risk function at State Street, implementing the bank's advanced measurement approach
In a climate of ever-growing regulatory burdens and a soaring demand for reporting and oversight, our annual awards recognise the practitioners and suppliers which have made their mark on the operational risk industry in the past year
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.