Feature
Getting ahead
Cate Rocchi discovers how Wessex Asset Management found success in the Asia Pacific region
A new lease of life
Hedge fund service providers looking to stay ahead in the marketplace are turning to corporate websites to communicate with their customers
Taking to the saddle
Credit portfolio modelling
Why Basel must brush-up on credit
Paul Kupiec of the International Monetary Fund argues that unresolved calibration problems remain with the new Basel Accord’s credit risk capital requirements – problems that may lead banks to make damaging risk decisions.
Data trouble
Regulators insist that they want a capital charge on banks’ operational risks. But the plan rests on the ability of banks to collect data and model the risks involved, and there’s a frightening lack of agreement on how to do that.
Basel II will be modified, says Canadian bank regulator
A survey of financial institutions’ views on the Basel II capital accord is expected to result in global banking regulators modifying some of the accord’s controversial aspects, according to a Canadian bank regulator involved in the survey.
Basel II accord makes op risk software this year’s hot topic
The sophistication of analytical software for managing operational risk will increase dramatically over the next year. Such was the message delivered by Charles Smithson, managing partner of financial consultants Ritter Associates, to the annual risk…
Moving to the centre
Basel II means banks will have to centralise the management of operational risk or lose out to competitors.
Risk transfer to insurers could threaten Basel II, warns UK central banker
Financial stability and financial efficiency could be undermined if the new Basel II capital adequacy rules proposed for banks are simply "arbitraged away" by the transferral of banking risks to insurers, according to a senior UK central banker.
Basle II will be modified, says Canadian bank regulator
BASLE II UPDATE
Zurich IC 2 offers combined op risk service
INFORMATION TECHNOLOGY
The new Basle capital accord: op risk proposals in brief
BASLE II UPDATE
Leading insurers argue the case for op risk insurance
FRONT PAGE NEWS
Moving to the centre
BASLE II UPDATE
SWIFT launches Transaction Watch
INFORMATION TECHNOLOGY
Problems with credit derivatives: what is a loss event?
OP RISK DERIVATIVES