Feature
Interview: Richard Alderman, the UK's Serious Fraud Office director
When Richard Alderman became director of the UK Serious Fraud Office in 2008, he set about to try to make the SFO more approachable, and encourages financial firms to pop in for a chat about how they can better manage fraud risks. He talks to Nick Kochan
Dutch banks take a new look at risk
Dutch banks were considered to be among the best and safest in the world, but now they are reducing their global presence and concentrating primarily on their home market. Boris Agranovich looks at what went wrong and at the local risk management…
Active risk control
Richard Bibb explores the pitfalls of value-at-risk statistics and explains how they can be interpreted and incorporated into a meaningful risk management strategy
Can reputational risk be measured
Reputational risk will often come hand in hand with operational risk, but it has yet to be taken as seriously, if it is even considered at all. David Benyon finds out why, and asks what might be done to resolve this situation
Coming of age
$urendra Naidoo, risk management director and group head of operational risk at Standard Bank, believes the operational risk function can claim success when the firm’s business managers are educated to the level where they manage op risk themselves
Regulators need more information to be effective
Middle East Investment Summit, Bahrain, November 2009
Winners of European FoHF awards announced at London gala dinner
Celebrations of the eighth European Fund of Hedge Funds Awards started with a kick, as the Moulin Rouge theme of the night was captured by dancers demonstrating some of the moves that made the Paris cabaret world famous.
Rattled by ‘reg rage’
Financial risk management professionals are bracing themselves for a torrent of new rules and regulations in 2010, now the extreme levels of stress have abated. And the supervisors say they only have themselves to blame. By Asia Risk staff
Replicating success
The financial crisis drummed home to many banks the advantages of quickly calculating exposures and executing hedges for complex portfolios. As a result, some banks are looking to the insurance sector and their use of replicating portfolios.
A lighter touch
In August, the Bank of Thailand relaxed its regulations covering the use of derivatives. Chris Wright takes a look at the effect this is having on hedging and investment in the country