Infrastructure
STP break puts banks at risk
Third-party banks using the continuous-linked settlement (CLS) service may be subject to increasing operational risk as a result of a breakdown in straight-through processing (STP), reports Risk's sister publication FX Week .
Does CP3 get it right?
The Basel Committee on Banking Supervision's third consultative paper raises several complex issues, not least of which is: will it work in practice?
Basel Committee releases two reports
The Basel Committee on Banking Supervision released two reports this morning—one on risk integration and aggregation and second on operational risk transfer. The papers are authored by the Joint Forum, which is composed of members of the Basel Committee,…
A capital adequacy primer
A summary of the Committee of Chief Risk Officers' (CCRO) emerging guidelines on capital adequacy, by Cinergy's Antonio Ligeralde, Kenneth Robinson of El Paso Merchant Energy and CCRO head Michael Smith.
European asset managers will feel the heat from CAD3
Compliance with the third capital adequacy directive (CAD3), a consultation paper recently released by the European Commission outlining the implementation of the Basel II Accord into EU legislation, may require European asset managers to hold…
Derivatives industry achieves new targets in confirmation processing, says Isda
The derivatives industry is setting and achieving new targets on confirmation processing, according to the International Swaps and Derivatives Association.
Isda releases new draft of FpML 4.0
The International Swaps and Derivatives Association has released the second working draft for Financial products Markup Language (FpML) version 4.0.
CP189: the FSA yet to clarify rules for key op risk issues
LONDON - UK firms are faced with more questions than answers in the operational risk portions of the latest consultation paper from the FSA, CP189: Report and first consultation on the implementation of the new Basel and EU capital adequacy standards,…
Probing granularity
Basel II
Questioning convergence
Securitisation
The strong dollar challenge
Corporate hedging
Technology Briefs
TECHNOLOGY
IMF tells HKMA to focus on op risks and corporate governance
REGULATORY UPDATE
Op risk glossary
REGULATORY UPDATE
CP189: the FSA yet to clarify rules for key op risk issues
REGULATORY UPDATE
The billion-dollar man
Profile
Does CP3 get it right?
Basel II
Merrill to launch options on vol swaps
New angles
Technology briefs
Systems
The dividend divide
Cover story
Job Moves
People