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Clearer signals ahead

Estimating CO2 prices in the first Kyoto budget period of 2008–2012 is now a key risk-management challenge for utility analysts. Abyd Karmali, Sebastian Foot and Nazim Osmancik look at what is likely to drive prices in this period

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.

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.

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…

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