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Foreign exchange

Art of influence

Tom Wilson's work helped change the way the industry thinks about credit risk, alternative risk transfer and corporate risk culture. What now for ING Insurance's new head of risk management? By Navroz Patel

US retail in the firing line

New guidance from the National Association of Securities Dealers has put the retailisation of the US market in the firing line, sparking anger and confusion among distributors and structurers alike. By Paul Lyon

Home-host hearing raises key issues

LONDON – Although the tone of the October 5 public hearing at the secretariat of the Commission of European Banking Supervisors (CEBS) on guidelines for greater supervisory co-operation between consolidating supervisors and host supervisors (CP-09) was…

US regulators issue Basel I improvement ANPR

US federal banking agencies have issued for public comment proposed changes to that country’s domestic risk-based capital framework. The advance notice of proposed rulemaking (ANPR) will apply to banks, bank holding companies and savings associations.

Apra exec defends modifications

SINGAPORE – An executive from the Australian Prudential Regulatory Authority (Apra) defended the supervisor's decision to dramatically modify its approach to the Basel II standardised approach in a discussion paper released at the end of July.

Building a capital plan

Banks are required under Basel II to have a process in place for assessing their overall capital adequacy in relation to their risk profile. Bernard Manson and Christopher Hall outline how to construct a capital plan to ensure minimum capital…

Trouble in paradise

Healthy balance sheets, swollen liquidity reserves and positive cashflows should be the words every bondholder wants to hear, but they could spell bad news for credit investors in the US as companies prepare to reward equityholders

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