Articles by Ellen Davis
Inclusion of legal losses in op risk databases has banks fretting
Banks worry Basel rules requiring legal events to be included in operational risk databases earlier might mean the information is used against them in legal proceedings
EBA to publish governance and op risk guidelines in September and October
EBA op risk specialist Bernd Rummel says the new European body has a busy schedule of work to implement CRD IV
Risk.net poll: regulatory changes are not making compensation more risk-based
Basel III's higher capital levels mean "bankers' pay will come down"
Risk head leaves Isda
David Murphy leaves Isda, to be replaced on an interim basis by Peter Sime, the association's recently appointed head of research
New op risk system patent, using Bayesian networks, awarded to IBM
Patent project spearheaded by Jonathan Rosenoer is one of a very few op risk system patents to be awarded
Global economic growth concerns outweigh Greek default and Spain/Italy bail-out fears: Risk poll
Risk.net poll supports IIF deputy managing director Hung Tran's view that global economic recession stands head and shoulders above fears of Greek default and Italy/Spain bail-out
Hung Tran: 21% NPV reduction was a "reasonable assumption"
Everyone has a shared interest in the success of the Greek bailout because "the alternative is so much worse for everyone", says IIF deputy managing director
Regulators blamed for strategic risk failings, says Risk.net poll
Poll respondents might be pointing the finger at supervisors but risk experts say corporate management itself is at fault
Energy Risk Awards 2011 in photos - London dinner
Energy industry executives celebrated their awards at a dinner and ceremony in London on June 14
Video: Market risk reporting requires standardisation, says Risk Europe keynote speaker
A plethora of methodologies for reporting market risk in annual reports makes transparency impossible, says Sanjay Sharma at Risk Europe in Brussels
Higher collateral demands have reduced hedge fund systemic risk, say Risk Europe panellists
Panellists at Risk Europe, held in early April in Brussels, claim banks are demanding much higher levels of collateral from hedge funds today, reducing a source of systemic risk
Isda's Pickel addresses friction between rules and commitments
Speaking in a video interview, Isda executive vice-chairman Robert Pickel said regulators are aware that inconsistencies could emerge between legislative requirements and Fed letter commitments
Banks will pass on regulatory costs of derivatives transactions to clients, says Shirvani
Outgoing Isda chairman Eraj Shirvani spoke to Risk's deputy editor Duncan Wood about how derivatives operations, and end-users, will have to adapt to the impact of new rules
Video: Industry executives consider future of derivatives market
Isda's Conrad Voldstad, along with Credit Suisse's Eraj Shirvani and Stephen O'Connor of Morgan Stanley discuss the near future for the derivatives industry
Collection of videos from the Risk Europe 2011 conference
A selection of videos from the Risk Europe 2011 conference on April 5 & 6 in Brussels, Belgium
Video: Defining and communicating risk appetite a tricky task
Chief risk officers at Risk Europe's session on risk attitude and discipline discussed the difficulties they face in building a risk culture in their organisation
Video: Belgium's finance minister lays out European financial reform challenges
At Risk Europe in Brussels, Belgium's Didier Reynders speaks frankly about the sovereign debt crisis, financial sector reform and tensions between European institutions
Isda AGM: industry fears post-trade transparency effects
Panellists discussed the blow-back the proposed 15-minute block-trade rule could have for end-users, as well as real-time trade transparency regulatory co-ordination
Isda AGM: CCPs 'thinly capitalised' warns UniCredit's Mustier
In addition to margin requirements, UniCredit's head of corporate and investment banking argues clearing houses might need more capital
EC's Van Hulle responds to industry's Solvency II broadside
EC head of insurance and pensions Karel Van Hulle acknowledged industry concerns at Risk's European conference this week - but pushed back against doom-mongering
Dealers fear client data leaks via repositories and regulators
Names of derivatives counterparties and deal details could wind up in the public domain, unless regulators are bound by data controls, industry argues
Legal patchwork inhibits progress on derivatives counterparty disclosure
New regulatory fixes only a partial solution as industry anticipates jurisdiction shopping by secretive clients
Risk Awards Video: What is the biggest challenge for 2011?
A new video from Risk magazine. Winners of the 2011 Risk Awards were asked what they saw as the biggest challenge in the industry for 2011.
Equity markets in constant state of extreme event expectation, says expert
Models of US and UK equity markets show players expect fresh outbreak of crisis