Feature
A new evolutionary path
Cover story
Unblocking the balance sheets
Technology
In the spotlight
Credit derivatives
Time to get motivated on modelling
Lack of historical data is hampering financial firms from creating the type of op risk models they must have in place for Basel II compliance. By Oonagh Leighton
New software solution from Protiviti
CHICAGO, ILLINOIS - Protiviti, the US-based consulting company formed by past partners of Arthur Andersen, has launched a new op risk software product. Protiviti enters a market-place that is in a state of evolution - although mergers are common, so are…
Providus offers new RiskResolve module
NASHUA, NEW HAMPSHIRE - Providus, the New Hampshire-based financial software firm, is planning to announce the launch of a new module for its RiskResolve product at the end of March.
Both sides of the fence
Germany
Basel Committee set to shift on counterparty credit exposures
The Basel Committee on Banking Supervision is likely to bow to pressure from the banking industry and change the way it deals with counterparty credit risk.
Caruana calls for more banking industry support for Basel II
The chairman of the Basel Committee on Banking Supervision, Jaime Caruana, today called for more help from the banking industry in verifying that the Basel II framework is correctly calibrated.
Capital requirements for non-Basel II banks
WASHINGTON, DC – US banks that are not required to implement Basel II, and are not choosing to ‘opt in’ to it, will nonetheless be required to update their approach to capital calculation, according to regulators speaking at recent US events.
MiFID rolls on despite industry gripes
BRUSSELS - The implementation of the Markets in Financial Instruments Directive (MiFID) rolls on, much to the chagrin of some financial services firms.
Basel hurries to clarify questions
BASEL, SWITZERLAND – Members of the Basel Committee on Banking Supervision are burning the midnight oil to try to resolve some difficult op risk issues before various jurisdictions are forced to finalise their Basel II rules to meet implementation…
CRD deadline fears
BRUSSELS AND LONDON – Concerns about the timing of the EU Capital Requirements Directive (CRD) are mounting as it is becoming clearer that delays – both due to procedural problems and disagreements related to the content of the directive – are likely to…
Germany’s closed shop
Germany
Turbulent times
Germany
Ethanol
Germany
A complicated option
Germany
Calgary’s oil patch
Germany
A solid foundation
Germany
A shift in perspective
Germany
Hanging on at the top
Germany
US regulators to revise Basel I this summer, says Greenspan
This summer, US financial regulators will propose simple revisions to the current Basel capital rules (Basel I) that would mitigate any unintended and undesired competitive distortions created by Basell II, according to Federal Reserve chairman Alan…
The Compliance Dance
CIOs and CCOs are working more closely together than ever before in these jittery compliance days. Waters asks, what’s the working relationship really like?
The swap terminator
Germany