Too big to fail
Banks are still reeling from the revelation last month that staff at Barclays lied about the bank’s borrowing costs in an attempt to manipulate Libor and Euribor benchmark rates – behaviour that resulted...
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 Too big to fail articles
The threat to society of institutions that are too big to be allowed to fail should be solved through a predictable legal framework, rather than punitive regulation. David Rowe commends a group of academics working on the details of such a framework
The Office of Financial Research is charged with supplying data to help US regulators assess potential risks to the financial system, but Isda panellists express scepticism over what data should be used
Basel’s liquidity rules mean banks will have to issue more long-term debt. That is not going to be easy if regulators also force senior bondholders to absorb a failing bank’s losses. By Mark Pengelly
Regulators are looking at how financial markets could be proofed against the collapse of a CCP – but there are more questions than answers at the moment, says the EC’s Patrick Pearson
The final recommendations by the UK Independent Commission on Banking will require UK banks to significantly rejig their structures – a move that is likely to lead to higher funding costs and lower ratings for the non-ring-fenced investment banking...
Former IMF adviser Rosa Lastra says international regulatory framework should apply 'hard' rules on cross-border resolutions
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.