Opinion/Regulation
Geduldspiel
Kommentar
What to do with the treasure we've found?
This month, I've quite literally been around the world checking on the state of the operational risk industry. From my base in London, I've been to our conferences in both Singapore and New York.
Unthinkably favourable
Imagination in stress testing demands unorthodox thinking, as even seemingly favourable events can have negative consequences. In the case of the oil markets, this means stress testing for a fall, as well as a rise, in oil prices, argues David Rowe
Editor's letter
Efforts towards more coherent marketing principles and educating advisers - rather than increasingly fanciful underlyings or payouts - are surely more important for the future of the industry
A dangerous idea
Encouraging and supporting sound internal risk management has become an important aspect of effective financial regulation. Imposing a regulatory capital charge for stress-test losses would undermine this important objective, argues David Rowe
En situación expuesta
COMENTARIO
A yen for financing
Yen-denominated mortgages have proven an attractive source of low-cost housing funding over the past 10 years. David Rowe asks whether these products are an accident waiting to happen
Editor's letter
Editorial
Internal models in Solvency II
Comment