Feature
Reinventando el fondo
Fondos de hedge funds
Barreras a la sofisticación
Gestión de carteras de crédito
Inflacionando el mercado
Inflación
Driven to distraction
Pension funds
The correlation debate
Retail Portfolio Risk
A quiet revolution
Governments have traditionally kept their limited use of derivatives close to their chests. But some sovereigns are now broadening their mandates to encompass a wider array of risks and they are increasingly turning to the derivatives markets. By Navroz…
Defining copulas
Masterclass
The ratings race
Hedge funds
A twist on the Arm
Mortgage finance
Coup hits CDS markets
Thailand
Promulgating pro-cyclicality
Collaboration between financial supervisors has never been higher. But as the regulation of banks and insurance companies becomes increasingly homogenised, fears are growing about the possibility that the new rules will increase the severity of a global…
A successor to VAR?
Regulators may be pressing banks to more rigorously stress test their portfolios, but when it comes to how hedge funds apply the technique, debate remains as to how and what they should be testing. John Ferry reports
Isda and IACPM endorse credit capital model
Lead trade associations have called for a credit capital model that calculates regulatory capital using an internal models-based approach.
Industry and regulators argue over Basel II NPR conservatism and competition
Arguments over how Basel II should be implemented in the US came to the fore at the US Senate hearing.
Principles-based regulation is key to innovation and competition, says FSA chief executive
Principles provide efficient and effective regulation, making prescribed rules obsolete, according to John Tiner.
Just in: NPR published
US regulators are seeking comments for Basel II.
The road to Basel II
The new Basel capital Accord is creating headaches for banks around the globe. However, Middle Eastern institutions that offer Islamic banking products have even more hurdles to jump. By John Ferry
IIB survey provides nation-specific comparison of Basel II implementation
Survey results show particular differences from different countries implementing the Revised Accord.
BIS paper offers insight into the IRB use test
Principles outlining the BIS’ expectations for firms using the use test have been set out by the BCBS.
Basel II under hostile fire at FDIC conference
Basel II may be imperfect, expensive and a burden, but is the only solution available to the financial institutions, according to a number of speakers at the conference.
Congress “concerned” over US Basel II proposals
Congressmen state unease that Basel II may not effectively diminish operational risk in the financial industry.
In Brief: CESR releases questionnaire on application of CRAs
CESR is seeking information on CRA codes.
Restrictive Basel II is a “regulatory tax”, says ABA
Conservative safeguards written into the NPR will prevent any benefits being realised, according to the leading trade association for banks in the US.
In Brief: BIS publishes quarterly review
The Bank for International Settlements (BIS) has released its quarterly review.