Foreign exchange
Global derivatives rankings 2003
Rankings
Swaps platforms draw fire
New angles
A Nordic niche for CLS
Liquidity risk
A plague on arbitrageurs
Cover story
A change for the better
Profile
Job moves
People
Technology briefs
Systems
Japan CDOs of ABS set for growth
New angles
Early days for indexes
Credit indexes
A giant step for China
Comment
Onus now on dealers to guard against currency derivatives scams
Under new rules that become effective on December 1, dealers will have to take greater responsibility for the actions of unregulated individuals that use them as counterparties in off-exchange currency derivatives transactions with investors.
DTCC signs collaboration agreement withTaiwanese counterpart
The New York-based Depository Trust & Clearing Corporation (DTCC) and the Taiwan Securities Central Depository (TSCD) have signed an agreement to co-operate in their business activities, including sharing information on risk management.
European Commission welcomes IASB compromise
The European Commission has welcomed yesterday’s International Accounting Standards Board decision to try to allow for ‘macro-hedging’ as part of proposed new accounting standards, due to come into place in 2005.
Getting ready for IAS
With International Accounting Standard 39 set to be implemented in Australia in January 2005, John Kidd and Jim Godsil of Deloitte Touche Tohmatsu warn that early preparation is critical.
Ready and waiting
The Australian Prudential Regulation Authority is confident that the country's financial institutions are well placed for the implementation of Basel II, and expects the four largest banks to implement the advanced IRB approach.
IASB relaxes stance on 'macro-hedging'
The International Accounting Standards Board (IASB) today relaxed its stance on 'macro-hedging' with its latest proposal to improve derivatives accounting.
IASB relaxes stance on 'macro-hedging'
The International Accounting Standards Board (IASB) today relaxed its stance on ‘macro-hedging’ with its latest proposal to improve derivatives accounting.
Basel Committee publishes comments on CP3
The Basel Committee on Banking Supervision has posted the comments it has received on its third consultative paper (CP3) on its website this morning. Nearly 180 comments are available for download at www.bis.org.
IIF says much work remains on Basel II
The Institute of International Finance (IIF), the Washington, DC trade association of financial institutions, contends that Basel II still has a long way to go before it can be finalised, in its response to the Basel Committee for Banking Supervision’s…
Hedge fund investment inflows reach $13.83 billion in Q2, says Tremont
Hedge funds received a record $13.83 billion in investment inflows at the end of the second quarter of 2003, according to research conducted by US investment adviser Tremont’s Tass Research unit.
Enter Big Brother's bigger brother
Unstructured data – such as emails and telephone conversations – is hard for a company to monitor. But Big Brother is getting cleverer.
New study underlines troubled state of op risk tech industry
A new study published by risk consulting firm Raging Torrents International concludes that vendor risk is very high in the operational risk technology area, and notes that the environment for financial institution spending on op risk vendor solutions is…
Operational risk: looking at the bigger picture
In the first of a two-part feature, Mark Holmes suggests that financial firms' operational risk issues would be better understood and handled by taking a leaf out of the op risk concepts and techniques developed in other industries.