Risk.net
Latest
FCA steps up anti-money laundering spot checks
UK watchdog changes fincrime head amid speculation AML spot visits increasing because of critical FATF review
Legal charges topped £6 billion at UK banks in 2018
Majority of costs relate to legacy issues, including PPI and RMBS mis-selling
EU swap users still hope for single-sided reporting, one day
Lawmakers fail to deliver Emir reprieve but tease at potential future changes
Latest
Risk Quantum
Data insights, delivered daily
Risk Quantum finds insights in data. The service tracks the public disclosures of over 120 banks, funds, insurers, corporates, and central counterparties – as well as reports from prudential and markets regulators – in Asia, Europe and North America.
Editors' choice
Top 10 operational risks for 2019
The biggest op risks for 2019, as chosen by industry practitioners
Big Figure
Swaps slashed
Large US banks eliminated $24.3 trillion of derivatives notionals in the last three months of 2018, cutting the size of their swaps books by 11% in aggregate. Total notionals reported by the eight US global systemically important banks stood at $196.3 trillion at end-December.
Read the full article
Comment
A blueprint for alternative data in asset management
Swaps data: SOFR swaps slip, futures flip
Op risk data: losses focus attention on bank resilience
Credit data: a new PD story for Brazil and Mexico?
Our Take
Nowcasting can illuminate China’s macro scene
Op risk capital: looking back in anger
The low flow blow
Nasdaq auction failure ignites anti-clearing backlash