Risk magazine - August 2014

Articles in this issue
Nordea Markets: speedy trading book revamp "not safe"
Hard to gauge impact of ambitious proposals, says market risk head
CCPs eager for first forex clearing mandate
CFTC proposal for NDF clearing could be published within weeks, CCPs say
Risk managers defend IRB against Tarullo criticism
Banks insist credit risk approach can be fixed - and remains more sensitive than stress tests
Q&A: Jeanmarie Davis, Federal Reserve Bank of New York, on CCP oversight
Fed official also tackles repo, non-guaranteed affiliates and access to Sefs
Cutting Edge intro: maths versus machine
Banks can use maths - rather than special chips - to boost computing speed
100% not guaranteed: US banks quizzed over affiliates
Politicians push for an investigation as CFTC carries out fact-finding mission
Volcker rule forces trading desk rethink
Trading desks at rule's heart - but do banks have dozens of them, or hundreds?
Scotland secession: would UK CDSs be affected?
Analysts split on crucial questions for CDS protection holders
The death of an accounting dream
IASB and FASB have failed to bring standards together, stakeholders say
Success in Fed stress tests comes with a cost
One bank that passed 2014 test has 50 things to fix before January
IASB + FASB = FAIL
Stakeholders have given up hope of accounting convergence
People: CFTC's O'Malia joins Isda
US regulator resigns to head derivatives industry group