Operational risk
Make UK the winner of Mifid race, say regulators
EU praises UK Mifid approach LONDON – The UK's approach to the implementation of the Markets in Financial Instruments directive was praised by an EU official at a mid-May Financial Services Authority conference in London.
European Parliament approves modified draft for Mifid
The European Parliament has voted in favour of the resolution of the Committee of Economic and Monetary Affairs that approves the most recent draft implementation measures for the Markets in Financial Instruments Directive (Mifid).
UK FSA publishes implementation bulletin for the CRD
The Financial Services Authority (FSA) in the UK has published issue three of its Capital Requirements Directive (CRD) implementation bulletin for investment firms, banks and building societies.
Risk 's Derivatives and Risk Management Summit Europe 2006: Regulators ‘must clarify MiFID' to prevent unfair competitive advantages arising
Financial institutions across the European Union’s 25 member states must lobby their individual regulators to ensure that jurisdictional interpretation and implementation of the Markets in Financial Instruments Directive (MiFID) next year does not…
Risk 's Derivatives and Risk Management Summit Europe 2006: Regulators and ratings prevent meaningful Basel II savings
Banks may be unable to benefit from regulatory capital reductions under the Basel II reforms because of local rules and the requirements of rating agencies.
QIS5 results reflect similar results to QIS4, says Comptroller of the Currency
US Comptroller of the Currency John Dugan said the “results between QIS4 and QIS5 are more similar than they would first appear” at a dinner held last night at the offices of JP Morgan Chase in London.
VAR provides inadequate figures, according to CRO
Value-at-risk provides inherently flawed results, according to Kenneth Winston, the global chief risk officer of Morgan Stanley.
Companies need to lobby regulators to prevent FSA best execution model
Financial firms affected by the Markets in Financial Instruments Directive (Mifid) need to argue hard against the Financial Services Authority (FSA) in the UK’s model for best execution, according to Simon Morris, a partner at CMS Cameron McKenna.
Sponsor’s article > Pan-European Credit Data Consortium Case Study: Credit Data Pooling by Banks for Banks
Institutions seeking to apply the internal ratings-based (IRB) approach under Basel II are required to provide accurate estimates of their credit risks. However, most banks do not have enough internal data on default and recovery to calculate reliable…
FSA issues consultation paper on regulatory reporting
The Financial Services Authority (FSA) in the UK has issued consultation paper 06/11, Integrating Regulatory Reporting (IIR), for investment managers, securities and futures firms, operators and trustees of collective investment schemes, venture capital…
Core and satellite for hedge funds, part II
academic paper
Looking before you leap
analysis: algorithmic trading and it
Feasting on family fortunes
family office investment club
Algorithmic gymnastics - keeping at least one vault ahead of the rest
algorithmic trading
Replicating returns
Asset allocation
Shifting sands
Foreign Exchange
Splitting the market
Interest rate swaps
Benefits of compliance
The Energy Policy Act of 2005 profoundly increases regulatory risk for energy market participants in the US, but implementing an effective compliance programme can have long-lasting benefits, writes former FERC executive William Hederman, Michael Griffen…
Devil is in the detail for Mifid
MANAGEMENT INTELLIGENCE
NY Fed to review regulation
CORPORATE GOVERNANCE
The anatomy of BP specific key op risk indicators
KEY RISK INDICATORS
Briefs
MANAGEMENT INTELLIGENCE
The tipping point
LOSS MANAGEMENT