Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Why is Europe now breaking into its gold vaults
Matthew Lynn
John Stopford
Profile
Fringe benefits
opinion
Hedge funds must act morally to fit pensions' ethical criteria
Hedge funds looking to market themselves to Scandinanvia's institutional investors do not only need to look at the regulations. They may also need to brush up their skills in ethical investment, or socially responsible investment (SRI), given the fact…
Collins Stewart Tullett moves for Prebon
Collins Stewart Tullett is on the verge of buying inter-dealer broker Prebon Yamane for a reported £130 million.
CEBS issues outsourcing consultation paper
The Committee of European Banking Regulators (CEBS) published a paper in late April outlining high-level principles on outsourcing.
AIG to form cross-border op risk sub-group
The Basel Committee on Banking Supervision's Accord Implementation Group (AIG) will shortly form a sub-group to focus on cross-border op risk issues, according to several regulatory sources. Regulators and the industry are pressing for a greater role in…
Corporate Statement > What it takes: Turning Basel II Compliance into a Competitive Edge
The heat is on. The ideals and debates have given way to the hard realities of compliance, and time is running out. But rather than engage in a reactive scramble to demonstrate compliance, firms can use the regulatory imperatives of Basel II as an…
Regulators highlight the challenges of establishing internal credit ratings
Panelists at a World Bank conference in Washington, DC, yesterday outlined recommendations to banks in emerging markets considering implementing internal credit ratings systems.
The Mystery Behind the Numbers
A host of recent compliance regulations in the US and the UK has shined yet another light on the need for clean reference data.
A Fine Spring
The UK’s Financial Services Authority is targeting banks that are lagging on their anti-money laundering efforts.
Consistency issues must be resolved before Basel II implementation, says Bies
Major US banks have consistency problems that must be resolved before the implementation of Basel II, according to Susan Schmidt Bies, governor of the Federal Reserve Board and chair of the Banking Regulatory and Supervisory Committee.
Sarbanes-Oxley: The costly road to compliance
Some companies are looking to get a better return on their investment in Sarbanes-Oxley compliance by making it part of a larger exercise that looks at firm-wide processes and controls, and not just those surrounding financial reporting, writes Clive…
EU finalising its proposal for Basel II framework, says EU official
The European Union is in the final stages of completing its proposal for the new European framework for Basel II, Alexander Schaub, director general of the EU internal market directorate has said
Analysts learn to live with CP-205
The Financial Services Authority’s (FSA) new rules governing conflicts of interest in investment research could spawn a cottage industry in interior design tailored for research teams in dire need of CP-205 compliant office layouts. The CP-205 working…
US agencies seek feedback on structured finance guidelines
Five US federal agencies have issued a statement describing internal controls and risk management procedures designed to help financial institutions identify and address risks associated with complex structured finance activities.
IIF comments on recent Basel announcement
The Institute of International Finance (IIF), a global association of financial institutions, issued a statement yesterday welcoming the proposals that the Basel Committee on Banking Supervision published the day before, but also noted that more work…
Providus launches RiskResolve 3.5 to boost internal controls
Nashua, NH – Providus, a risk management and regulatory compliance services provider based in New Hampshire, has launched RiskResolve 3.5 – an operational risk management (ORM) solution that enables real-time detection and correction of risks and control…
Coulter considers risk concentration
In a wide-ranging speech at the International Swaps and Derivatives Association annual meeting in Chicago at the end of March, the vice-chairman of JP Morgan Chase, David Coulter, considered why there were continuing questions raised over the role of…
Basel II proposal out in June; AMA/IRB approaches to be delayed
Yesterday, the Basel Committee on Banking Supervision confirmed that it will release the New Basel Accord, also known as Basel II, at the end of June 2004. But the Committee said the implementation of the advanced measurement approach (AMA) for…
Advanced IRB Basel II approach delayed
The Basel Committee on Banking Supervision said the implementation of the advanced internal ratings-based approach (IRB) for credit risk and the advanced measurement approach (AMA) for operational risk would be delayed until the end of 2007. This will…
Hong Kong focuses on Basel Sound Practices on OpRisk Management
Hong Kong will focus on implementing the Basel Sound Practices for Operational Risk Management rather than the Advanced Measurement Approaches (AMA), according to Simon Topping, executive director for Banking Policy at the Hong Kong Monetary Authority.
The Enron effect
Lawsuits filed by investors in Enron against two of the fallen energy giant’s arranging banks, Citigroup and JPMorgan, have called into question the very structure of investment banking in the US, as John Hintze discovers
Tullett plans new data launch
Tullett Financial, the data sales arm of broking group Collins Stewart Tullett (CST), is readying the launch of a new currency data product for June.