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Central banks

Strong global OTC growth continues

A surge in interest rate swaps drove a global increase in the over-the-counter derivatives market of 20% over the first half of this year, according to figures released today by the Bank for International Settlements (BIS).

Blackouts spark supply debate

The world’s energy regulators met in Rome last month, days after the Italian blackout on September 28. Perfect timing, it would seem – but what are the regulators going to do about Europe’s bottlenecked grid? Paul Lyon reports

S&P versus Basel II: A fragile accord

By publicly casting doubt over aspects of the Basel II Accord's methodology, rating agency Standard & Poor's is voicing concerns shared by many in the banking industry. Joanne Hart asks how this dispute may affect bondholders and the market in general.

CP3 comments: Any last words?

The comments elicited by the Basel Committee's third consultative paper (CP3) show just how little consensus exists between regulators and banks on the Basel II capital Accord. Dwight Cass highlights some of the telling comments.

Basel II is a key driver for real-time info

Speakers at the Cable & Wireless roundtable on real-time information in mid-September all agreed that real-time information (RTI) would help banks manage liquidity, minimise risk and improve operational efficiencies. They also agreed that one of the key…

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