Regulators recently published the findings of a study of counterparty risk data at the world’s largest banks – it makes for depressing reading, says David Rowe, and is symptomatic of deeper problems plaguing the field of enterprise risk management.
Insurers have concerns about European Commission's unofficial Level 2 text
Game of blame
A simple model highlights how AMA capital requirements can change dramatically
In praise of cyber risk
Setting the cat among the pigeons
Beyond relational databases
Nailing down mercury
The politics of pay
Do depository liability rules leave hedge funds defenceless?
Dodd-Frank and Mifid II position limits could cause firms to withdraw from commodity derivatives
In the February 2014 editorial video, OpRisk's latest industry survey finds room for improvement in risk management
Last year was a landmark for the derivatives reforms laid out by the Group of 20 nations in 2009, with clearing, trading and reporting rules all coming online in the US. But it was also just the start of efforts to co-ordinate and align the rules internationally....
The Basel Committee’s fundamental review of the trading book raises some serious issues, but David Rowe argues its central proposed revision to the market risk capital regime is little more than a costly distraction
Too early for TBTF call
Overreliance on modern risk management systems, and metrics such as value-at-risk, can blind firms to tectonic structural market shifts. To help alleviate this problem, the use of human judgement and intervention is required, argues Vincent Kaminski
Debate continues to rage about the merits of clearing, with some market observers arguing that the benefits of using central counterparties are outweighed by the precipitous costs involved. But such criticisms fail to take the full burden of over-the-counter...