News/Risk management/Risk management
FSA fairly confident of ‘sensible’ op risk charge for investment firms
UK regulators are reasonably confident operational risk capital charges for investment firms proposed under new European Union (EU) rules will be “sensible”, the UK’s chief financial regulator said today.
FSA fairly confident of ‘sensible’ op risk charge for investment firms
UK regulators are reasonably confident operational risk capital charges for investment firms proposed under new European Union (EU) rules will be “sensible”, the UK’s chief financial regulator said today.
UK details three-phase Basel II implementation plan
UK regulators said today they plan a three-phase implementation of the Basel II capital Accord and parallel European Union banking rules with a target date of December 31, 2006.
FOA slams single European market plans for commodity derivatives
The London-based Futures and Options Association (FOA) today said it was concerned that plans to include commodity derivatives within the European Commission’s new Investment Services Directive (ISD) and related Capital Adequacy Directive (CAD) could…
Op risk advances likely after dropping of Basel II floor, says Moody’s
Further advances in banks’ operational risk measurement and management are likely to be stimulated by the decision last week by global banking supervisors to drop the op risk ‘floor’ in their Basel II bank protective capital proposals, credit-rating…
Op risk advances likely after dropping of Basel II floor, says Moody’s
Further advances in banks’ operational risk measurement and management are likely to be stimulated by the decision last week by global banking supervisors to drop the op risk ‘floor’ in their Basel II bank protective capital proposals, credit-rating…
Fitch Risk Management to acquire NetRisk and OpVantage
New York-based Fitch Risk Management, part of rating agency Fitch, plans to acquire NetRisk and its subsidiary, OpVantage, both Connecticut-based risk management companies. The amount of the purchase has not been disclosed.
Fitch Risk Management to acquire NetRisk and OpVantage
New York-based Fitch Risk Management, part of rating agency Fitch, plans to acquire NetRisk and its subsidiary, OpVantage, both Connecticut-based risk management companies. The amount of the purchase has not been disclosed.
Credit Markets Update: Negative equity sentiment transmutes into wider spreads
European credit default swap spreads were wider this week, with investors buying protection as credit concerns and accounting scandals in the US contributed to negative investor sentiment that led to a further battering of stocks.
European Union Basel II/Cad 3 timetable remains tight
The European Commission’s plans to apply risk-based protective capital rules to banks in the European Union (EU) remain on a tight schedule following yesterday’s progress statement on the Basel II bank Accord by global banking regulators, a Commission…
UK bankers fear capital floors higher under latest Basel II plans
The British Bankers' Association (BBA) is concerned that global banking regulators appear to have raised and expanded the application of the capital charges floor in the Basel II bank Accord, a BBA official said today.