News
CDS dealers surprised by announcement of Ambac credit event
Isda has classified a restructuring of Ambac's RMBS-related exposure as a bankruptcy, triggering thousands of CDS.
Sigor finalises guidance on insurance as a mitigant
Guidance expected from the Basel Committee will make it more difficult for banks to claim capital relief through the use of insurance.
US Fed working on horizontal reviews of op risk issues
Supervisor looking at range of issues as part of broader look at big banks, including compensation, compliance, and capital
Basel QIS 6 a 'mini-LDCE'
The Basel Committee out with a mini loss-data collection exercise to track performance over crisis period
Oric membership increases
Three new members join the ABI operational Risk Consortium loss database
European Commission admitted to CPSS/Iosco working group on CCPs
The EC says its seat on the steering committee will help keep global regulation coherent.
