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Industry KRI study takes off

PHILADELPHIA - A new financial industry initiative to study and define key risk indicators (KRIs) is gathering momentum. The results of the first stage of the process and the simultaneous launch of the second phase were announced in late October.

Tri-party repo push for Europe

Europe's tri-party repo market may be ready to take off, thanks to the combination of tighter credit conditions and the provision under Basel II, the new Accord on bank regulatory capital, for lower charges on collateralised financing.

Despite concerns, banks act on Basel II

Jörg Behrens and Peter Davis of the Ernst & Young Global Financial Services Risk Management Practice, present the results of a global survey of financial services managers'opinions about the future of the Basel II process and its effects on their…

Self-regulation: Speak no evil

In an effort to head off any attempts by regulators to mount Spitzer-style investigations into credit research, banks under the aegis of the BMA are formulating proposals to self-regulate.

Sponsor's article > When is best practice good enough?

A dramatic change in banking regulation has been the move from prescriptive procedures towards 'best practice' risk management. Disagreements about how quickly the new approach can be applied to credit risk is central to arguments about revising Basel II.

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