Operational risk
Green scheme down under
Robin Lancaster reports on Australia’s government-mandated renewable energy certificates market, which – after a slow start – is expected to pick up fast
Exposing exposures: how far will it go?
The Enron debacle has spurred investors and creditors to press for greater disclosure of corporate risk and hedging strategies. Companies are beginning to respond. How far will it go?
QIS3 survey delay puts back Basle II accord to 2006
Regulator determination to get a key survey of banks right was a major factor in the decision to postpone again the coming-into-effect of the complex Basle II banking accord until late 2006 from an undetermined date in 2005, banking regulators said in…
EU capital rules still on a tight schedule following Basle II delay
The European Commission’s timetable for introducing risk-based bank capital rules for the European Union remains very tight following the further delay to the Basle II bank accord, banking industry analysts said in late March.
Sep 11 attacks make Basel II more relevant
The September 11 attacks on New York’s financial district have made the operational risk provisions of the proposed Basel II banking accord "much more relevant to many more people", a paper by business consultants Aroq Research said in March.
Fiat: ‘unroadworthy’
Credit of the month
The Basle II capital accord: op risk proposals in brief
BASLE II UPDDATE
QIS3 survey delay puts back Basle II accord to 2006
BASLE II UPDATE
ORX loss database expected to start soon
TECHNOLOGY NEWS
Job moves
QUOTE OF THE MONTH: - “I have come to you with a problem – we need to outsource our balance-sheet funding” From an e-mail sent last year by John Rusnak to an unnamed counterparty, referring to his deep-in-the-money options trades, or ‘synthetic loans'.
Basel II delay could help EU
A further delay in the coming-into-effect of the Basel II banking accord to 2006 might take the pressure off the European Union’s attempts to co-ordinate the timing of its own new banking rules, some political analysts said in late February.
Regulator hits back at Basel II critics
Much of the complexity for which the Basel II bank capital accord is criticised is the inevitable result of three highly desirable features of the pact - namely, risk sensitivity, wide applicability and the shifting of the task of risk measurement to…
Insurance companies - On the road to Basel III
UK regulators want to harmonise regulation of the financial services sector - and they have insurance companies in their sights.
Enron-related regulatory issues hit derivatives industry
Enron's collapse has sparked calls for more derivatives regulation and stricter accounting standards in the US. What proposals should the derivatives industry be concerned about?
Changes afoot at rating agencies
Rating agencies are under fire once again, this time for failing to anticipate Enron’s bankruptcy. But they are looking to improve their methodology. What do the changes mean for banks that will have to rely on their ratings under Basel II?
Credit risk reporting: Managing the exposure challenge
Mass financial shocks – including Enron and Argentina – are forcing banks to disclose more information, faster, about their credit exposures to satisfy skittish investors. How are banks' technology infrastructures coping with this challenge?
The Basle II capital accord: op risk proposals in brief
BASLE II UPDATE
UK firms face increasing op risk
ASSET MANAGEMENT
AIB loss poses questions for the banking industry
FRONT PAGE NEWS
At the centre of the financial enterprise
ENTERPRISE-WIDE RISK MANAGEMENT
Basle II delay could help EU
BASLE II UPDATE