Feature
Lightening the load
Sophie Radnor looks at the increasing range of services offered by administrators
Profits taken by the truly hedged
Jeff Benjamin looks at the repercussions of the recent terrorist attacks on the World Trade Center. He asks, how hard has the market been hit and how long is recovery likely to take?
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.