Operational risk
Cross-border confusion
Europe's internationally active banks have until the end of this year to be fully compliant with the new Basel capital Accord, but a lack of clarity on cross-border implementation continues to cause major problems
US Treasury slams terrorism insurance rules
Extension of TRIA dissuading private sector innovation, says Nason
London Stock Exchange releases Mifid software
The London Stock Exchange (LSE) has announced the technology that it will offer member firms to ease the burden of Mifid compliance.
Equiduct releases Market Model document
Daily news headlines
LSE launches revamped trading system
Daily news headlines
Defining the boundaries
Him Chuan Lim, Basel II programme director at DBS Bank in Singapore, talks to Ellen Davis about operational risk's complex relationship with both credit risk and market risk
The principles of distribution fitting
Mikhail Makarov examines some of the challenges around fitting distributions properly to op risk models for the advanced measurement approach
Supervisory clampdown
South Korea's financial regulator is cracking down on foreign dealers doing illegal onshore derivatives business, signalling it is taking a tighter grip on the securities market ahead of major rule changes due in 2009. Joe Marsh reports from Seoul
Cicada strengthens Mifid software
Cicada, a technology company, has updated its Composer software so that it will demonstrate best execution on client transactions, once the Markets in Financial Instruments Directive (Mifid) is introduced in November.
Iconium releases second edition of Mifid Policy Library
Iconium, a software company, said the second edition of Mifid Policy Library will contain all of the directive’s Level 2 requirements, suggested policies and recommended actions.
Global asset managers struggling with Mifid preparations
Daily news headlines
FSA warns non-ISD firms to check if they fall under Mifid and CRD
Daily news headlines
Boston Fed regulation chief promoted
Eric Rosengren is the new president and chief executive of the Federal Reserve Bank of Boston.
Firms find Mifid’s best execution tough to digest
The Financial Services Discussion Club, the mid-tier special interest group involved with the EU's Markets in Financial Instruments Directive (Mifid) , has found that best-execution requirements contained in the Directive are the “biggest piece of work”.
ECB chief stresses importance of Lamfalussy process
Jean-Claude Trichet, president of the European Central Bank (ECB), said the Lamfalussy process should be used as much as possible to meet the challenges of increasing regulatory integration.
More banks sign up to Project Boat
Daily news headlines
FSA chooses SAS and Detica to combat market abuse
Daily news headlines
Vendors band together to build Mifid tools
40% of Directive requirements without software solution
ICI delisting ends bad month for US markets
Third UK firm to quit New York in last 30 days
Unearthing value early
London's CDCapital, investing in pre-IPO commodities firms, draws its initials from those of its founder Carmel Daniele, but they may just as easily stand for 'Chinese demand ' when it comes to finding profitable exits from trades, as Carmel Daniele…
At your service
Hedge Funds Review gathered 10 of the administration industry's great and good to share their thoughts on the most pressing issues facing the industry today...
From alpha to omega
It's all about higher moments. The kind where you decide what is really important about what you do and how you allocate your resources. Lionel Martellini presents the Edhec guide to hedge fund enlightenment
Future options
Operational risk derivatives have been touted for a few years now, but interest in them moves in waves. The current tide is high, however. Duncan Wood tests the water