Feature
A topsy-turvy world
Securitisation
Re-evaluating valuation
Subprime mortgage woes continue to send shudders through the markets. Rising delinquencies, rating downgrades and falling prices have left investors with huge losses on CDO of ABS investments. The losses have revealed discrepancies in the valuation of…
Tighter integration – the key to the most successful FX derivative businesses
Sponsored Statement
Moving to convergence
Risk Management
AFT to the fore?
Sovereigns
Take me to your interdealer
Hedge funds
The untenable robustness of hedging
Credit indexes
It was 20 years ago today...
Risk 20
NASD and NYSE combine to form FINRA
Merger creates securities biggest self-regulatory organisation
Foreign IPO slump is global phenomenon
London, Hong Kong also losing foreign investment, says study
New head for Chicago Fed
Charles Evans will take over from Michael Moskow as president and chief executive of the Chicago Federal Reserve in September.
CEIOPS anticipates Solvency II difficulties
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has said it will struggle to meet the EU Commission’s demands for a factual report on the third quantitative impact study (QIS3) and a draft of the fourth study (QIS4) by…
Australia discusses insurance industry improvements
The Australian Prudential Regulation Authority (APRA) has published a discussion paper on proposed improvements to general insurance regulation.
Australia revises Basel II standardised approaches
The Australian Prudential Regulation Authority has published the final draft of its standardised approaches to credit and operational risk.
BBVA launches two new ETFs on FTSE indexes
FTSE has granted Spanish banking group BBVA a licence to launch two new ETFs on the FTSE Latibex Brasil Index and the Latibex Top Index.
Zurich launches next series of guaranteed accounts
Insurance-based financial services provider Zurich has launched the next in the series of guaranteed capital accounts, designed to give customers access to structured products.
Deutsche Bank lists first ETF linked to India's Nifty on Deutsche Börse
Deutsche Bank has listed two ETFs on Deutsche Börse’s XTF segment: the db x-trackers S&P CNX Nifty ETF tracks the performance of S&P’s Indian Nifty 50 Index, and the db x-trackers MSCI Korea TRN Index ETF tracks the performance of the MSCI Total Return…
NASD/NYSE merger gets SEC go-ahead
The Financial Industry Regulatory Authority, (FINRA) which consolidates the National Association of Securities Dealers (NASD) and the New York Stock Exchange’s member regulator, has been approved by the Securities and Exchange Commission.
Hedge fund risk overstated by Solvency II proposals
Solvency II, the insurance industry’s Basel, could unfairly hinder hedge fund investment by insurance and pensions companies.
FSA simplifies individual competence tests
The Markets in Financial Instruments Directive (Mifid) has prompted the Financial Services Authority (FSA), the UK’s industry regulator, to introduce a more straightforward competence regime.
OCC issues guidance on market risk capital rule
The Office of the Comptroller of the Currency (OCC) said that if trading assets and liabilities were worth more than $1 billion or constituted over 10% of total assets, then banks must comply with the market risk capital rule.
BIS investigates banks’ decisions on capital regulation
The Bank for International Settlements (BIS) has published a paper that looks at the relationship between capital regulation and banks’ financial decisions.
CESR responds to feedback with Market Abuse programme
The Committee of European Securities Regulators’ (CESR) work programme for the Market Abuse Directive will act on comments made by the Union’s securities industry.
HK central bank head discusses spotting risks
Joseph Yam, chief executive of the Hong Kong Monetary Authority, has said the market should give risk prevention more thought.