Feature
AFT plans launch of new Eurozone inflation bonds
French debt agency, Agency France Trésor (AFT), plans to issue new inflation-linked bonds known as OATEURi that can be used for inflation hedging and portfolio diversification, according to AFT chief executive Sylvain de Forges, speaking at a conference…
Garp founders to step down this week
Lev Borodovsky and Marc Lore, co-founders of the 16,000-member Global Association of Risk Professionals (Garp), will be removed as owners of the organisation within days. Under the terms of an agreement due to be reached this week, the New York- and…
Irreconcilable differences
Model comparison
Accounting for error
A new discussion paper on operational risk has been published, but with many banks in Asia still struggling with non-performing loans, some bankers question the ability of troubled banks to cope with this charge. AsiaRisk investigates.
Banking on progress
A dizzying array of credit risk technology firms have set up shop in Asia in order to reap the rewards of the new Basel recommendations. But are Asia’s regional banks ready to implement these systems?
Preparing for the worst
Small and medium-sized banks in the US and Europe are bracing themselves for Basel II. Gallagher Polyn examines how these institutions plan to adapt to the new Accord.
Basel regulators cut op risk charge benchmark to 12%
BASEL - Global banking regulators formally acknowledged in late September some of the criticisms of their controversial proposal for an op risk capital charge. Their plan is to make large international banks set aside protective capital from 2005…
Basel regulators to study insurers' reaction to US attacks
BASEL - Bank regulators considering allowing op risk insurance a role in the proposed Basel II bank accord will study closely how the insurance industry deals with the massive insurance claims arising from the September 11 attacks in the US. So said…
EU welcomes Basel regulators' op risk paper
BRUSSELS - The European Commission, the ruling body of the European Union, welcomed the decision of global banking regulators to reduce the benchmark for an op risk capital charge to 12% from 20%, said a commission spokesman.
Sound practices paper expected in October
BASEL - International banking supervisors hope to issue their operational risk sound practice paper by the end of October, officials with the Basel Committee on Banking Supervision said in late September.
Basel inflicts collateral damage
The current Basel proposals could lead to the global spread of the type of systemic loan loss problems Japan is now experiencing, argues John Frye of the Federal Reserve Bank of Chicago.
A new role for op risk insurance
As expected, the Basel Committee on Banking Supervision said in late September that it is prepared to consider a role for insurance in reducing operational risk capital charges proposed under the Basel II bank capital adequacy accord.
Basel II regulators lighten pillar 3 disclosure burden
BASEL - Global banking regulators said in late September they would significantly reduce the amount of information they would require from banks under a key provision of the proposed Basel II banking accord.
Double-counting fears ease as w -factor is removed from Basel II capital charge
BASEL - The so-called w -factor that bankers feared could result in double-counting of op risk under the Basel II bank capital accord will be removed from the capital charge provisions of the accord, global banking regulators said in September.
Advanced measurement approaches
The September working paper on operational risk from the Basel Committee on Banking Supervision confirmed that global banking regulators are looking at a range of advanced ways of calculating op risk capital charges instead of a single method.
New op risk paper gets cautious welcome, but reservations remain
BASEL - Bankers gave a cautious welcome to the further thinking of global banking regulators on their controversial plans to make internationally active banks set aside capital against op risk under the Basel II banking accord.
A healthy exposure
Credit derivatives
Credit is the key in Asia
Comment
The second annual Asia Risk Awards
Awards 2001