Feature
LNG comes in from the cold
Will the current rise in activity in the liquefied natural gas industry result in the product being traded in the same way as other commodities? By Eurof Thomas
Ready, set ... and wait
Continuous-linked settlement
Danger lurks on the rocky road to Basel II
Basel shortcomings
Op risk modelling evolves
Technology
On the path to recovery
Case study: NYBOT
Flexibility drives EBRD’s risk strategy
ALM in practice
Emerging markets ramp up
Technology
Approach with caution
Indicators
A tough nut to crack
The Basel Accord
Rules and models
Basel II
Averting future liquidity crises
Case study: JP Morgan Chase
On a slow road
Many in the energy industry are touting Italy as the next country in Europe to fully open its energy market to competition. But on closer examination, the country has a long way to go if it is to emulate the UK, the Nordic region and Germany. By Robin…
Turning ‘risky’ confidence into risk confidence
Sponsor`s statement
European tax-exempt firms wary on alternative investments
European tax-exempt institutions are lagging significantly behind their US counterparts in private equity and hedge fund investments, although the appeal of alternative investments is gaining popularity, according to Goldman Sachs.
Basel II may not suit emerging economies, says US central banker
Washington - Rules embodied in the Basel II banking accord may be inappropriate for banks in emerging-market economies because a country may have unique circumstances, a senior US central banker said in December.
In search of clarity and focus
Greater precision is needed in defining operational risk, but the Basle regulators' latest thoughts are lost in generalities, says Jacques Pézier, in the final article of a three-part series.
Basel shortcomings: Danger lurks on the rocky road to Basel II
The Basel Accord proposals to define operational risk contain many fatal flaws, says Jacques Pézier. He argues that it would be better to focus management time on managing key risks than on developing op risk databases and measurement procedures.
Regulators want active dialogue on op risk
BASEL - Active dialogue between banks and their supervisors is the key to the continued development of approaches to managing operational risk, global banking regulators said in a much-delayed paper on op risk sound practices issued in December.
SME debate delays next Basel II paper
The Basel Committee on Banking Supervision has delayed its next consultative paper for Basel II, the new rules that will determine the amount of regulatory capital internationally active banks put aside against risk.
Approach with caution
Indicators of operational risk are not for the faint of heart, nor are they necessarily bearers of good news. But used properly and effectively, they can help businesses identify potential losses before they happen.
The Basel II capital accord: op risk proposals in brief
This summary has been updated to include the revisions to the Basel 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'…
Thai regulators plan Basel II impact study
Chiang Mai, Thailand - Thai banking regulators plan to conduct a full analysis in 2002 of the likely impact of applying the Basel II capital adequacy accord to Thailand's banks.
Op risk modelling evolves
Operational risk is devilishly difficult to model, but dealers and software vendors are making headway. Automated op risk reporting, profiling and sophisticated operational value-at-risk (VAR) modelling are finally beginning to catch-on in banks.
Emerging markets ramp up
Asset and liability management systems sales continue to be strong in the US and Europe, thanks to Basel II preparations. But it is in the emerging markets that vendors say strong sales growth will come in 2002.