Industry sees gaps in financial frontiers


LONDON - The interconnectivity of banks, both for risk management and for regulation, was a theme most speakers shared at the "The New Financial Frontiers" conference, held in London on April 29.

In his keynote address, Malcolm Knight, general manager of the Bank for Institutional Settlements (BIS), identified three areas for improvement: risk management in financial institutions; the originate-to-distribute (OTD) business model of large banks; and the co-ordination of financial regulation and

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