Articles by Ellen Davis
Europe and US clash over global regulatory framework
Clash of the titans
Industry calls for new approach to op risk capital
The AMA today
Energy markets face huge change under Mifid II
New ground rules
Remit guidance requires more specific definitions
Remit guidance requires more specific definitions
Dispute over direction of loss data consortiums
Data discord
EU member states want to use judgement to set buffer rules, says working paper
EU Polish presidency paper highlights concerns over aspects of the counter-cyclical capital buffer rules under CRD IV
Risk and compliance hiring in the Middle East is strengthening, say recruiters
Regulatory pressure and recognition of the importance of risk and compliance at firms is driving recruitment of executives from around the world into the Middle East
ORX completes first stage of scenario library programme
The Operational Riskdata Exchange says benchmarking is the next step in its effort to help operational risk managers improve their use of scenarios
Acer to issue guidelines to clarify Remit definition problems, says Pototschnig
The head of the Agency for the Cooperation of Energy Regulators says new non-binding guidance will appear shortly after the Remit regulation is published in the EU's official journal
Energy firms need to gear up for Remit insider-trading rules, lawyers warn
As early as December, energy trading firms could be subject to a compliance regime for Europe's complex - and confusing - new insider-trading rules
New techniques focus US op risk executives on scenario analysis
Change of scene
Energy Risk Europe: energy trading firms' technology not ready for new rules
Many energy trading firms have yet to begin getting the technological infrastructure in place to comply with new EU and US financial market regulations, say panellists
Energy Risk Europe: eurozone sovereign debt fears could exacerbate oil supply problems, says Currie
Fears that the sovereign debt crisis will lead to global financial shock is causing oil producers to reduce inventory and cut back investment – creating a potential supply problem in future, warns Goldman Sachs commodities research head
Basel Committee's Sigor to undertake review of operational risk regulatory framework
Wide-ranging review seeks to raise operational risk capital and overhaul the basic indicator and standardised approaches
Video: Banks can arbitrage central bank liquidity provision
A conflict between new liquidity regulations under Basel III and existing central bank operations leaves a gap that banks may be able to exploit, warns financial stability expert
Regulators failing to take the lead on operational risk, says new survey
Few regulators are taking operational risk seriously, says Mike Finlay, chief executive of RiskBusiness
IMF modelling work on liquidity risk points to capital hike, says Jobst
Recent analysis by the International Monetary Fund indicates that banks in the US need to raise capital to cover systemic liquidity risk threats
Non-bank commodity traders should adopt Fed letter commitments, says BP executive
BP's Alan Haywood says non-banks need to consider Fed letter commitments for the good of the industry
Credit risk boundary events to be a focus for regulators
The Basel Committee's Sigor group will spend time on credit risk-related operational risk loss events at its upcoming October meeting in Frankfurt
Regulators seek to change operational risk methodology at October meeting
High-severity events such as the $2.3 billion rogue trading loss at UBS have highlighted the low levels of operational risk regulatory capital firms are holding
The Fed commitment letter process is alive and well, say Isda panellists
FSA's Bailey says the commitment letter process is better for firms than having the regulator "kicking over their books"
AMA and loss data collection on the rise at US banks
More US banks expected to employ AMA, while new stress-testing proposals increase interest in operational risk quantification among smaller banks