Solvency II
What price regulatory compliance?
The US banking industry has been inundated with a set of mandatory changes such as Basel II, the Sarbanes-Oxley Act and the Patriot Act, which, responded to individually, represent a significant portion of an organisation's change budget. Dai Bedford,…
Measuring operational risk: a reality check
In the second of two articles on operational risk, Mark Holmes looks at the measurement issues involved, taking a constructively critical look at the ideas currently in vogue.
The global standard
In this article on anti-money laundering, Dominic Nixon and Rohan Bedi of PricewaterhouseCoopers analyse the final changes to the Financial Action Task Force (FATF) 40 recommendations.
Basel Committee releases interest rate risk document
The Basel Committee on Banking Supervision released another draft of the "Principles for the Management and Supervision of Interest Rate Risk" this morning.
The global standard
Compliance
What's coming, and when International
REGULATORY UPDATE
Getting to grips with legal risk in investment compliance
Pauline Ashall of Linklaters discusses the new compliance challenges that asset management firms are facing, and outlines the steps executives can take to mitigate legal risk.
ANPR maps out US differences on Basel II implementation for banks
WASHINGTON, DC - US regulators are determined to go their own way when it comes to implementing Basel II, according to the government's ANPR, published in mid-July.
Murky UK AML picture awaits regulatory clarification
ANTI-MONEY LAUNDERING
What’s coming, and when
REGULATORY UPDATE
Accord preparations: the rest is yet to come
While the debates have raged for months about many aspects of the proposed Basel II Accord, on some points there has been relative silence, in particular with regard to the seeming overreliance on statistical techniques.
Corporate Governance Survey 2003, Part 2 >>Corporate governance disclosure: banks focus on bolstering infrastructure
In the second part of Operational Risk's review of 15 bank annual reports for 2002, the editors look at how firms have chosen to address the hot button issues of corporate governance, reputational risk and legal risk. Again, practices vary widely among…
EU Cad concedes on investment firms but limits role of insurance
Brussels – The European Commission issued the fourth consultation on the capital adequacy directive (Cad) on July 1.
Corporate governance disclosure: banks focus on bolstering infrastructure
Corporate governance survey 2003 – part II
EU Cad concedes on investment firms but limits role of insurance
Front Page News
What’s coming, and when
Regulatory update
Basel II: Time to prepare
Following the publication of the third and final consultation paper, Japan's banks are focusing more seriously on Basel II. With the new requirements set to take effect from 2006, most banks face a critical year ahead.
Corporate Governance Survey 2003, Part 1 >> Op risk disclosure: a long road ahead
Although most banks now have a separate section on operational risk in their annual reports, disclosure levels vary considerably. Here, Operational Risk's editorial staff review 15 bank annual reports to uncover reporting and management practices in 2002
German regulators begin industry dialogue
FRANKFURT - Germany's regulators are about to change the way they interact with the banking industry as they gear up to implement the operational risk portion of Basel II by 2006.
Op risk disclosure: a long road ahead
CORPORATE GOVERNANCE SURVEY 2003 -- PART I