Opinion
Why CCPs are the new rating agencies – and pose the same risks
A clear alternative?
The IAIS’s systemic risk proposals are contentious, but a global capital standard will be even more so
The IAIS’s systemic risk proposals are contentious, but a global capital standard will be even more so
Hedge funds need to tackle insider trading perception
Avoiding greater fools
Growing AML raises privacy concerns: editorial
The challenge of AML continues to evolve, but banks need to beware of overreaching
Operational risk and the great financial crisis
Five years on, how much do we actually know about the op risk impact of the crisis?
Power market design leads traders to take advantage
The design of modern power pools is highly complex, creating plenty of opportunities for clever traders to profit by circumventing the rules, writes Vincent Kaminski
Singapore in a bind over substituted compliance
Banks in city-state fail to register with CFTC, sparking confusion
What's the difference between issuers and borrowers?
Look beyond loans
Risk on extraterritoriality
The CFTC published its final cross-border rules on July 12. Nick Sawyer and Duncan Wood discuss some of the implications
Physical flows will foster changes to energy benchmarks
Growth in WCS derivatives volumes highlights continuous evolution of the energy derivatives market
Consent and chaos: Why the Islamic world faces decades of political risk
In many different guises, an ancient question still haunts human society: “What is the source of government legitimacy?” While this is largely settled in the Western industrial countries, David Rowe argues it is likely to disrupt parts of the Islamic…
Top 100 survey emphasises role of regulation: editorial
Fines are driving up op risk losses, and the pace of prosecutions is not slackening
Using scenario analysis in op risk management
A promising approach to the problem of incorporating scenario analysis into operational risk models
Insurer recovery plans will be key issue in systemic risk debate
Insurance Risk launches updated, interactive iPad app
Editorial: Growing pains
Editorial: Growing pains
Reconciliation + regulation = complication
Incoming rules on portfolio reconciliation could encourage many derivatives users to outsource the process. But it’s not a simple short cut, warn Mike Pierides and Alistair Charleton of Pillsbury Winthrop Shaw Pittman
Wishful thinking, the eurozone, and François Hollande
Wishing won't make it so
Backlash on the EU CVA exemption continues
The decision by European legislators to exempt EU banks from the CVA capital charge when trading with certain counterparties has infuriated regulators at home and abroad. Nick Sawyer discusses the issue with Duncan Wood