Feature
Implications of Basel for credit risk
Credit risk comes under the spotlight in Pillar one of the new Accord, forcing institutions to consider the benefits – and costs – of meeting the regulatory requirements. Jared Chebib, head of credit risk consulting at Andersen’s London office reports.
Risk suppliers rise to Basel challenge
Risk management software suppliers will need to improve their products to meet the demands of Basel II.
Justifying granularity
The granularity adjustment for the IRB approach to credit risk contained in Basel II is controversial. Some banks say it is too simplistic. Regulators disagree.
Binomial gammas
The Basel II gamma question is vexing minds around the world. Here, concerned UK couple Mr and Mrs J Pézier of Purley, Surrey voice their fears.
Frozen in time
David Rowe believes the Basel Committee on Banking Supervision is perpetuating obsolete standards of risk measurement.
Running out of time
Will banking supervisors be able to implement Basel II in time? Even when they agree on what they want, the differences between the G-10’s regulatory regimes make a level playing field unlikely.
Wake-up call for Basel’s insurance neighbours
With liquidity draining away from the credit markets, banks have turned to the insurance industry to underwrite credit risks. But how prepared are insurers and reinsurers to takethese risks?