Systemic risk

Surviving the fallout

As regulators rush to reassess international banking regulations, insurers are also at threat of seeing more stringent regulations imposed on them on the basis that they are systemically risky. But the industry is fighting back. John Ferry reports

Where there's a (living) will

Living wills have quickly emerged as a new measure to ensure banks are better prepared for the next crisis. But clear definitions of exactly what information they should contain and how they should be drawn up do not exist.

Financial network risk

Both macroeconomics and financial theory have failed to deal adequately with systemic risk. However, other disciplines have much to teach us about the stability and fragility of complex dynamic systems, argues David Rowe

Be prepared

Nobody likes change. And it is difficult at the moment to predict where the US is heading next on the regulatory front. But having an enterprise risk management system in place will help banks face the coming market and regulatory challenges. Victoria…

Best-laid plans

Financial regulation around the world looks set for the biggest overhaul in recent history. But those implementing change face a number of obstacles, some of which might prove insurmountable. Duncan Wood looks at the challenges ahead and speculates on…

Higher ground

Plans are afoot among global regulators to impose tougher regulatory requirements on large and systemically important firms, including higher capital charges. Will they succeed in curtailing systemic risk? Mark Pengelly investigates

The Bair necessities

Federal Deposit Insurance Corporation chairman Sheila Bair has argued that systemically important financial institutions should hold more capital as a disincentive to growth, while a new entity should be set up to manage the orderly resolution of…