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Counting on coal

NRG Energy's move to buy Texas Genco seems a wise one for a company with strong dark-spread exposure, but it has its risks, despite the target company being backed by an active hedging programme. Joe Marsh reports

Art of influence

Tom Wilson's work helped change the way the industry thinks about credit risk, alternative risk transfer and corporate risk culture. What now for ING Insurance's new head of risk management? By Navroz Patel

Building a capital plan

Banks are required under Basel II to have a process in place for assessing their overall capital adequacy in relation to their risk profile. Bernard Manson and Christopher Hall outline how to construct a capital plan to ensure minimum capital…

Looking for clarity

The European Union's Markets in Financial Instruments Directive is set for implementation in April 2007. But there's plenty of confusion as to what the new regulations will entail – particularly with regards to 'best execution'. By Hann Ho

Under Scrutiny - Regulators focus on credit

Well-publicised risk issues and a recent growth spurt have brought credit markets firmly under the scrutiny of global regulators. Nikki Marmery investigates whether the attention will prove to be a boon for attracting more investment - or a barrier to…

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