Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Caja de Burgos
Quant analysis
Malaysian central bank governor cautions on Basel II
Zeti Akhtar Aziz, the governor of the Central Bank of Malaysia, has said that other financial leaders in emerging economies should be cautious about how they implement Basel II.
Sponsor's article > SunGard Launches New Version of BancWare ALM Incorporating Credit Risk Analysis into Asset/Liability Management
SunGard today announced the availability of version 5.6.2 of BancWare Asset Liability Management (ALM). The new version incorporates credit risk simulation into ALM, providing the ability to model, analyze and manage the credit risk associated with…
New York Fed picks up on confirmation issue
The New York Federal Reserve Bank will meet regulators and leading banks next month in an attempt to deal with backlogs of unconfirmed credit derivatives trades.
Diversification could reduce capital requirements by 50%, says ABI
Risk diversification should typically reduce capital requirements for British life insurers by between 25% and 50% under the Financial Services Authority's new individual capital assessment regime, according to a report commissioned by the Association of…
Philippine Central Bank issues IAS 39 guidelines
The Philippine central bank, Bangko Sentral ng Philipinas (BSP), has issued guidelines for the adoption of financial reporting standards set by the International Accounting Standards (IAS) Board, including IAS 39 which deals with derivatives.
CRO Forum study released
Industry body the Chief Risk Officer (CRO) Forum, which consists of the chief risk officers of Europe's leading insurers, is advancing the case for the use of proprietary internal models under Solvency II with the publication of a new in-depth report.
A consolidating market
Operational risk software vendors say the market is shaping up, but is this view still too optimistic? By Dianne See Morrison
The twin challenges of Basel and MiFID
The connected problems of Basel II and MiFID compliance were the subject of a round table discussion group in London in mid-July
Basel Committee issues corp gov guidelines
BASEL, SWITZERLAND – The Basel Committee on Banking Supervision has issued sound corporate governance guidelines for banking organisations. The guidelines, open for public comment until October 31, are to supersede similar principles it issued in 1999.
Playing catch-up
The back office has found it difficult to keep up with front-office trading, prompting a warning by the FSA over the level of unsigned confirmations in the credit derivatives market earlier this year. Banks are now looking to improve the automation of…
Scenario analysis workstream from RiskBusiness
LONDON – Consulting firm RiskBusiness – famous for its work on key risk indicators (KRIs) in conjunction with US-based RMA – is launching a new workstream on scenario analysis.
AIG group to tackle governance and data
BASEL, SWITZERLAND – The Accord Implementation Group's (AIG) operational risk working group is focused on tackling internal governance and data issues at its next meeting, according to an international regulatory source.
S&P calls for more risk disclosure
Standard & Poor's has called on financial institutions to provide more risk disclosure about potential losses from worst-case financial events. The ratings agency, which started factoring in market risk management statistical analysis as an important…
Basel II costs rising, says survey
A survey of banks in Europe and North America, sponsored by the consultancy firm Accenture, has found dwindling optimism and rising predicted costs for the implementation of Basel II, with the cost of compliance now estimated to be £2.5 billion for the…
US NPR delayed until December
WASHINGTON, DC – The US notice of proposed rulemaking (NPR) may be delayed as late as December, according to well-placed sources both inside and outside the regulatory community.
IAS 39 pushes Europe back to basics
Eight months after the introduction of International Financial Reporting Standards (IFRS), dealers say there has been a discernable impact on the derivatives market, as European firms look to simplify hedging strategies.
The capacity question
tracy pearson
Unlocking the future
special report: structured products
The mezzanine wrangle
Mezzanine finance