Feature
Clouds gather over Brazil
brazil
Overall results
Inter-dealer rankings 2004
Banc of America Securities
profile
Victim of its own success?
basis trading
Op risk and Black Swans
Risk analysis
Rethink for hedge funds as CoCo market turns sour
Convertible arbitrage
Push for the podium Click here to view results
Inter-dealer rankings 2004
Seduced by CDOs
Cover Story
The misdirected directive?
Asset management
Architecture and compensation
The risk architect
The holistic approach to operational risk management
The term operational risk management (ORM) tends to conjure up images of every type of risk except credit or market risk. Some think of the Basel definition of operational risk and others will come up with their own versions.
EU CAD: behind the smiles
The industry is putting on a brave face when commenting on the latest proposals for the EU Capital Adequacy Directive, but all is not as it seems.
Bank of Italy official posts op risk paper
In mid-July, an official from the Bank of Italy posted a paper, The modelling of operational risk: experience with the analysis of the data collected by the Basel Committee, which is beginning to garner attention in international op risk circles.
EU CAD: behind the smiles
The industry is putting on a brave face when commenting on the latest proposals for the EU Capital Adequacy Directive, but all is not as it seems.
Bank of Italy official posts op risk paper
In mid-July, an official from the Bank of Italy posted a paper, The modelling of operational risk: experience with the analysis of the data collected by the Basel Committee, which is beginning to garner attention in international op risk circles.
EU CAD: behind the smiles
The industry is putting on a brave face when commenting on the latest proposals for the EU Capital Adequacy Directive, but all is not as it seems.
EU calls for review of credit rating agencies
The European Commission has called for a review by the Committee of European Securities Regulators (CESR) of credit rating agencies, amid renewed activity on both sides of the Atlantic on the credit rating agency regulatory debate. Also, according to…
Basel II and the single-instrument bank
Banks could take a cue from the construction industry if they want to lessen the burden of Basel II, argues Ron Dembo.
Reassessing self-assessment
Traditional approaches to assessing and controlling operational risk within institutions are outdated, argues Gerald Sampson. Self-assessment needs rethinking, and proper risk evaluation is far better served if risk management departments assume their…
Complex products rule deemed 'too broad'
Three financial services trade associations released a critical joint response to the US banking agencies' proposed rule on complex structured transactions in mid-July.
Emerging nations consider Basel II
Latin America will be the non-OECD continent with the highest percentage of banking assets under the various Basel II op risk approaches according to a new study completed by the Financial Stability Institute.
New rules for a new era
The UK's new rules designed to implement a risk-based regime for regulating the insurance industry are due to come into place at the end of the year. John Ferry talks to the Financial Services Authority about what this means in practice for insurance…