Bank for International Settlements (BIS)
Shapley allocation for operational risk capital
Mitic from Santander UK lauds method for allocating capital between business units
BIS research posits test for unsustainable credit growth
Method could provide early-warning system
'Get used to it': central banks advise on liquidity risk
Central bankers fear buy side has not yet woken up to bond imbalance
Smaller China banks opt for internal credit risk modelling
Basel III and a rise in bad loans drive banks to reassess credit risk management
IEA, IEF and Opec probe role of markets in oil crash
Impact of US shale, speculation and bank commodity exits high on the agenda
SuperDerivatives: Asia favoured by OTC regulatory arbitrage
Lower trading costs could tempt funds, managers and dealers
Embedding the Bank for International Settlements risk data aggregation and reporting principles across the organisation
Sponsored statement: Moody's Analytics
Asia Risk Congress: BIS points to Asia example as evidence new LCR not 'relaxed'
Asian regulators' partial recognition of Level 2B assets justifies revised Basel liquidity approach
Leveraged ETFs under the spotlight
Imperfect storm
Scotiabank promotes Hart to risk chief, and other recent job moves
Stephen Hart replaces Rob Pitfield as Scotiabank CRO, and other Changing Hats stories from the past month
FX now a $5.3 trillion per day market, says BIS
The latest BIS triennial survey shows the UK has strengthened its grip on the FX market, while USD/JPY has seen a strong increase in trading activity
Changing hats – July 2013
Changing hats – July 2013
BIS finds ‘no evidence' of persistent collateral scarcity
Report says increased reliance on collateralised funding and demands of regulatory reforms have not led to any 'lasting or widespread scarcity' of high-quality assets
Rise in CCPs may spur collateral fragmentation
Currency controls
RBI sees developing repo markets necessary in meeting Basel liquidity rules
India central bank views repo as an increasingly important market in the wake of Basel III implementation
Central clearing: what obstacles remain for Asia?
Despite the deadline for introducing central clearing already passing, a number of questions are unanswered. Leading figures from around the region voice their concerns
Lack of clarity over clearing provides problems for Asia banks
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
BIS’s Caruana warns of low interest rates risk
Jaime Caruana says low interest rates have created a ‘first-mover disadvantage’ that prevents rates rising and could fuel financial instability
IMF: CCP structure increases systemic risk
The likely increase in the number of central counterparties will create more 'pockets of risk', says senior economist
On the move
On the move
Asia faces obstacles in implementing regional clearing regime
Clearing the obstacles
New Esma ETF guidelines change the rules on securities lending in favour of synthetics
The latest European Securities and Markets Authority guidelines for Ucits ETFs will make life more difficult for physically backed ETFs and point to a growing acceptance of synthetic funds
WGMR margin rules borrow heavily from US proposals
Working group publishes proposed margin rules for uncleared trades – bringing global rules in line with an earlier US proposal
ETFs under the microscope
Under the microscope