House of lords
Transparency and own-capital ban for OTFs could interfere with “free flow” of market, says Lord Harrison, chair of a House of Lords committee that yesterday warned of fundamental flaws in Europe’s...
Vickers faced fierce questioning on Independent Commission on Banking’s final report and recommendations; incentive for banks to cheat the system discussed
Industry associations urge House of Lords not to reignite feed-in tariff row
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 House of lords articles
LONDON - A report from the UK House of Lords Economic Affairs Committee has cautioned supervisors about relying on statistical models alone when measuring operational risk exposure. It warns "supervisors should base their assessments of operational risk...
Lords EU Committee criticises European Commission proposals, saying it is ignoring its own better-regulation principles
Government report throws doubt on the validity of modelling operational risk
Jacques de Larosiere has addressed a House of Lords committee on the UK's role in pan-European financial supervision
Organised financial crime is rife on the web due to lax security, says report
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.