Opinion
Integrating cyber risk into an operational risk framework
Risk managers should feed each level of the company only the risk information it needs
XVA, variation margin and the Mifir deadline
The week on Risk.net, February 17-23 2017
Monthly swaps data review: volumes rise, CCP switches spike
In the first of a new series of articles, Amir Khwaja of Clarus FT looks at the most recent batch of swaps data
Duffie: CCPs should prep to quash Sifi swap termination stays
Clearing houses need criteria for overriding stays on swap terminations, writes Darrell Duffie
State aid, Brexit’s impact on Mifid, and the Fed embattled
The week in Risk.net, February 10-16 2017
Political gaming casts energy further into age of disruption
With regulatory change in the air, market participants must be more aware of the situations those with legislative responsibility find themselves in
Stress testing under IFRS 9: a field guide
Higher volatility of loan loss provisioning will complicate financial planning and hit capital
The VM deadline, XVA on options and a resolution loophole
The week on Risk.net, February 3–9 2017
Deutsche, Credit Suisse settle mega RMBS fines
Megan van Ooyen from SAS rounds up the top five operational risk losses for January 2017
Why XVAs need to be factored into options pricing
Ignoring valuation adjustments could be storing up problems for the future
Thirty years of Risk magazine
Special features will look at the future of bank technology, quantitative research, risk transfer and regulation
Exposing the past: oil hedgers prepare for crude volatility
Historic crude price fluctuations make hedging critical. With prices falling across global markets, many exploration and production companies have assessed their risk and are calculating the best way to deal with it – internally and externally
Bad loans, euro clearing and basis risk
The week on Risk.net, January 27-February 2
The problems with conduct risk loss aggregation
Aggregation of conduct risk losses is recommended practice, but it can seriously distort capital calculations
Why investors need multiple betas
Segmented upside and downside betas can be used for better risk management
Op risk survey shows the insidious effects of political risk
Rise in geopolitical turmoil drives other risk factors, suggests a network analysis of 2017's survey
Indirect clearing, FVA and the Top 10 op risks
The week on Risk.net, January 20–26
‘Reauthorising’ CFTC could alter firms’ attitude to EU position limits
If Commodity End-User Relief Act is passed, it could mean substantial industrial change in US – and Europe
FVA: off the mark
With adjustments to increase, Darrell Duffie says dealers should improve weak valuation practices
JP Morgan's Athena, basis risk and mis-selling
The week on Risk.net, January 13–19, 2017
Hidden benefits of the Fed’s model validation push
Incidents such as the London Whale losses show an overhaul of model validation should be welcomed, not maligned
Goldman’s mortgage mis-selling fine tops 2016 op risk losses
Legal settlements with US regulators dominate the year's biggest operational risk charges
Liquidity risk, tech rankings and the buy-side edge
The week on Risk.net, January 6–12
What lies beneath: attention lessons for risk managers
Allowing seemingly irrelevant problems to fester can lead to catastrophe