News/Regulation
ABN Amro delves into global OTC oil and gas derivatives
Dutch bank ABN Amro has started to offer its clients oil and gas hedging services, as part of its financial markets business, which incorporates debt capital markets, structured lending and risk management activities.
RBS selects Algo credit to manage global wholesale credit limits
Royal Bank of Scotland (RBS) has selected Algo Credit to manage its global limits and exposures management from Algorithmics, the Toronto-based provider of risk management software.
QIS3 results released by Basel Committee
A paper outlining the results of the third quantitative impact study (QIS3) was released by the Basel Committee on Banking Supervision yesterday.
QIS3 results released by Basel Committee
A paper outlining the results of the third quantitative impact study (QIS3) was released by the Basel Committee on Banking Supervision yesterday.
Reveleus launches Basel II package
Boston-based financial analytics company, Reveleus, has launched a Basel II software product suite for enterprise risk management and compliance with the forthcoming capital regulations as specified by the Bank for International Settlements (BIS).
Leading dealers sign up to new CDS matching service
JP Morgan Chase, Deutsche Bank and Morgan Stanley have signed up for a new global credit default swap (CDS) matching service that the Depository Trust & Clearing Corporation (DTCC) plans to launch in June.
'Restructuring' partly dumped as Basel shifts stance on risk mitigation
The Basel Committee on Banking Supervision, the architect of new banking regulation, Basel II, which is due for implementation by the end of 2006, has made a number of concessions in its proposed treatment of risk mitigation techniques in the release of…
CP3 released
The Basel Committee on Banking Supervision released its third consultative paper (CP3) this morning, by posting the paper on its website.
‘Restructuring’ partly dumped as Basel shifts stance on risk mitigation
The Basel Committee on Banking Supervision, the architect of new banking regulation, Basel II, which is due for implementation by the end of 2006, has made a number of concessions in its proposed treatment of risk mitigation techniques in the release of…
US FDIC produces second Basel analysis paper
The US's Federal Deposit Insurance Corporation has published its second study of the Basel Accord revisions, titled Risk-based capital requirements for commercial lending: the impact of Basel II .
CP3, QIS3 coming this week, Radwan report delayed until May 20
The Basel Committee on Banking Supervision is said to be preparing to release both the third consultative paper (CP3) and the third quantitative impact study (QIS3) this week.
Basel II securitisation treatment too harsh, says Fitch
The treatment of securitisations under current proposals in the Basel Committee on Banking Supervision's Basel II capital Accord is likely to be "overly punitive", according to credit rating agency Fitch.
Risk management and data "are critical success factors" in insurer ratings, says Moody's
US-based rating agency Moody's says "the quality of data and risk management are growing in importance as success factors" for insurance companies, and as a result it is putting additional emphasis on these areas when reviewing a company, according to a…
Basel II securitisation treatment too harsh, says Fitch
The treatment of securitisations under current proposals in the Basel Committee on Banking Supervision’s Basel II capital Accord is likely to be “overly punitive”, according to credit rating agency Fitch.
Basel II may prompt mortgage market consolidation
The Tower Group, a US-based consultancy, has just published a report that says the Basel II capital Accord may prompt the consolidation of mortgage lenders in both the US and EU markets, and improve pricing in mortgage instruments.
Basel II may prompt mortgage market consolidation
The Tower Group, a US-based consultancy, has just published a report that says the Basel II capital Accord may prompt the consolidation of mortgage lenders in both the US and EU markets, and improve pricing in mortgage instruments.
Restructuring debate will rage on after CP3, says Munro
The Basel Committee's widely anticipated ditching of restructuring as a required credit event for capital relief in its forthcoming third consultation paper on Basel II, will not bring to an end the heated debate between hedging banks and investors over…