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Infrastructure

Worth waiting for?

Just over a year on from the delayed launch of the UK’s new electricity trading arrangements, prices have dropped to new lows. But just how low can generators go, asks Joel Hanley

Insurers play catch-up

Insurance companies around the globe are beginning to look at their own risk management practices and are finding them wanting. As a result, many firms are beginning to upgrade their risk procedures.

Regulators study terms for abolishing op risk floor

Global banking regulators have asked their technical experts to look at what kind of conditions need to exist in order to get rid of the floor that limits the potential gains for banks using advanced approaches to measuring op risk under the Basel II…

A cost/benefit approach to Basel II

The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…

Weaving an integrated solution

A treacherous credit environment and growing awareness of the danger of credit and market risk correlation have convinced financial institutions that they need to evaluate these exposures together. To get a unified view, will they need to adopt unified…

Chief risk officers

Risk is the business of insurance companies, but risk management in the sector is not nearly as developed as it is in the banking industry. Now, a new crop of chief risk officers will be trying to change all that.

Basel II op risk survey planned for June 1

Global banking regulators hope to issue another survey on June 1 seeking information from banks on their operational losses, in order to help with the development of the Basel II bank capital adequacy accord, said regulators in late April.

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