Feature articles on risk management, derivatives and complex finance - Risk.net

Exchanges

Kicking off a global trend

Liffe-Euronext merger

02 Feb 2002

Regulation

Retail banking accounts for two-thirds of op loss events, says Basel survey

BASEL, SWITZERLAND -- Operational losses in retail banking accounted for two-thirds of the number of operational losses suffered by banks, according to a survey by global banking regulators. The survey sought data about the impact on major banks of the…

01 Feb 2002

Basel Committee

The Basle II capital accord: op risk proposals in brief

This summary has been updated to include the revisions to the Basle II op risk proposals contained in the Working Paper on the Regulatory Treatment of Operational Risk issued in September, 2001 and available on the Bank for International Settlements’…

01 Feb 2002

Market risk

Loss survey supports arguments against capital charges, say fund managers

London - The results of a survey by global banking regulators of banks’ operational loss experience support arguments against using capital charges as the main protection against operational losses in fund management and broker activities. This is the…

01 Feb 2002

Structured products

IT and staff quality seen as key as India adopts Basel II

CALCUTTA, INDIA - The need to improve staff quality and use information technology (IT) effectively are among key targets for the Indian banking system as it prepares to meet intern ational standards of risk-based regulation, India’s central bank chief…

01 Feb 2002

Structured products

Risk financing might solve doubts over op risk insurance

LONDON - Combining risk transfer with risk financing might be one way of resolving regulator doubts about the use of insurance to mitigate operational risk under the proposed Basel II accord.