News
Bank of England aims to cut op risk exposure to payment systems
Moves to overhaul Chaps will cut risk for central bank as well as members, says Chris Salmon, chief cashier at the Bank of England
Japan’s new leverage limit will hurt carry trade, says Glenn Stevens
Japan FSA's 25:1 leverage limit implemented on August 1 could kill the popularity of the carry trade for retail investors, says Gain Capital's chief executive
Barroso calls on eurozone to speed up completion of EFSF legislation
EC president calls for urgent action on bailout mechanism, but analyst says it could be months before the EFSF is legally allowed to purchase government bonds on the secondary market
Irish debt office agrees to collateralise derivatives
The NTMA follows Portugal's debt office in adopting two-way collateralisation - but unlike Portugal it appears it will have to post cash
People: Eisenhauer to exit Standard & Poor's
Tim Eisenhauer to leave S&P; Ferdinando Samaria named head of global commodities at UniCredit; Andy Sparks joins MSCI as managing director and head of product management in New York
Uprisings lead to AML improvement in Middle East
Banks in the Middle East have a heightened awareness of AML issues since this year's uprisings, according to industry experts
Gross: US has failed to make a dent in the deficit
US deficit estimates rely on over-optimistic growth forecasts, says Pimco managing director
Trading volumes soar in July, report EBS, Reuters and FXall
High volatility in foreign exchange markets as a result of eurozone sovereign debt issues and the US debt problems have resulted in record volumes, platforms report
Last-minute US debt ceiling rise leaves world reeling
Debt ceiling deal will not restore investor confidence immediately; China still looking to diversify reserves away from dollar; credit rating agencies cautiously affirm top ratings
Morgan Stanley and Credit Suisse choose EuroCCP under interoperability
Banks such as Morgan Stanley and Credit Suisse have chosen EuroCCP to clear their trades under new system of interoperability
US tax fix smoothes way for back-loading buy-side portfolios
US tax fix to aid buy-side portfolio back-loading
Trading positions - August 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
UK electricity market reform ‘could deter investment’
A recent proposal to implement a capacity mechanism in the UK has sparked concern that government intervention could stifle infrastructure development.
US power transmission rule satisfies the market, for now
Ferc’s new interstate transmission rule addresses regional planning and cost allocation concerns, but there could be more controversy to come. Pauline McCallion reports
LSE to close TRS once sale has been approved
The LSE is planning to close the TRS approved reporting mechanism it has conditionally bought from the FSA
Australian super funds given risk disclosure guidelines
New guidelines to aid compliance with APRA requirement to disclosure the risk of negative returns on a standardised basis in superannuation funds
Regulators blamed for strategic risk failings, says Risk.net poll
Poll respondents might be pointing the finger at supervisors but risk experts say corporate management itself is at fault
Risk waterfall at CME, Ice makes porting harder, dealers say
The need to provide portability could pressure CCPs to lean more heavily on initial margin than default funds to absorb losses
On the move
On the move
Tough regulation seen as key to India’s success
Protectionism pays
FTSE100 pension deficits slashed by £32bn
Report says firms are finding increasingly innovative ways to plug deficits
Updated: GLG plans to close bond funds after Isaac's departure
Top-performing asset manager's move to Schroders precipitates changes
Video: Birla Sun Life’s Rama Vasantharajan on risk and regulation
Birla Sun Life’s Rama Vasantharajan believes regulation plays a critical role in preventing financial institutions from collapsing. She also discusses enhanced risk management after the global financial crisis as well as the dangers of systemic risk…
EBA stress test results shed light on sovereign derivatives exposures
European bank sovereign derivatives exposures revealed