Operational risk
Commission highlights weak points of op risk insurance
BRUSSELS - The European Commission highlighted in November major drawbacks to the use of operational risk insurance to reduce op risk capital charges, despite its readiness to explore a wider use of insurance than that proposed in the Basel II bank…
Basel II to boost both large and small banks' loan prices
The prices of some loan products for retail and middle-market corporate clients will almost certainly rise when banks implement the Basel II capital Accord in 2006, according to speakers at Risk 's Capital Allocation 2002 USA conference this morning.
Against their will
Cad 3
European asset managers gear up for CAD3
European asset management firms wanting to comply with the most sophisticated measurement method allowed in the revised Basel Accords—the advanced measurement approach (AMA)—must prepare now, as it requires them to have a whole set of advanced risk…
CLS Is Live. What Next?
CLS participants breathed a huge sigh of relief when the long-awaited system launched successfully. Is anyone ready to start expanding the system to new products?
STP Part 2: After Automation
A vice president of IT at Paine Webber predicts it won’t be enough to automate processes-they must be carefully coordinated.
Filling in the holes
Fixed-income banking
C&W: needs retuning
Credit of the month
The pension threat to credit quality
Pension deficits
Fat-tailed bulls and bears
Behavioural models
The race for a suitable index
Forex benchmarking
Small firms welcome EU proposals
EU PAPER
EU capital rules remain on tight schedule
BASEL II UPDATE
ORX database expected early next year
FRONT PAGE NEWS
The Basel II capital accord: op risk proposals in brief
BASEL II UPDATE
Op risk modelling for extremes
SMALL SAMPLE MODELLING
Cleaning up the system
Compliance
Going long in Russia
Market is benefiting from a relative insulation from the impact of a global double-dip recession.
Algorithmics strengthens European connection
TORONTO - Canadian risk management software company Algorithmics said in October that Denmark-based Danske Bank had licensed its Algo Collateral software system to manage their over-the-counter derivatives and repo-margining activities. An Algorithmics…
UK opposed to allowing wider op-risk insurance role in European capital rules
LONDON – UK regulators are opposed to the wider use of operational risk insurance to reduce capital charges under complex new European Union (EU) safety rules for banks and investment firms, regulatory sources said.
Basel II helps German banks focus on risk, says Moody's
A renewed focus on profitability and strategic refocusing among German banks leads Moody's Investors Service to believe that “the country's banks will not undergo a systemic crisis”, the rating agency said in a report on the German banking sector,…