Risk magazine
Today's fines will scare off tomorrow's white knights
Acquirers are being punished for actions they had no control over
Back-testing expected shortfall: mission possible?
Expected shortfall is hard to back-test, critics say – but the search for a solution is underway
Hull and White on the pros and cons of expected shortfall
Expected shortfall may be more conservative than VAR, but there are backtesting and stability concerns
Russian derivatives reporting rules still in flux
Lawyers say weeks-old ordinance is facing fresh changes
Fed official slams ‘fantasy’ of CCP default management
McPartland: banks could not support multiple auctions if a big member firm defaults
Systemic risks in the market on the rise, says Iosco economist
Shane Worner, senior economist at Iosco, warns of excessive leverage in the system
FCA: some energy firms botched key Emir test
Review finds “mixed bag” when counting trades towards clearing threshold
Radhakrishnan to leave the CFTC
Head of clearing and risk understood to be moving into private practice
Citi takes $474 million FVA charge
US bank becomes tenth to incorporate effects of funding
EBA's Enria: stress tests complicated by multi-speed CRR
State-specific timelines are making it difficult to compare data
French regulator finds market manipulation using Emir data
Enquiry now underway, AMF official tells conference
Banks hail ‘improved’ European leverage ratio
New rules mirror US tweaks but leave question mark over pending settlements
Corporates ‘complacent’ over FX hedging costs
Tight prices won't last forever, says a senior treasurer
Fed, CFTC officials back standard stress tests for CCPs
Tarullo and Wetjen say regulators should set standards for CCPs
Asset managers cheer FSB retreat on Sifi plans
Regulators go back to drawing board following deluge of criticism
CFTC's Giancarlo barred from meeting Sef bigwigs
Ethics pledge means new commissioner cannot talk to WMBAA board
Dealers threaten to charge for 0% CSA floors
FVA could result from asymmetry between cleared and bilateral trades
Citi promotes two in multi-asset group reshuffle
Dealer rejigs multi-asset group management with internal promotions
Supervisors push banks to rethink booking models
PRA and others are "sensitive to consolidation of booking", banks claim
Risk Week Yale seminar series
Risk managers gather to discuss developments and ideas to shape bank risk management at Yale University
BNP Paribas promotes Gérardin to head CIB, replacing Papiasse
Gérardin replaces Papiasse, who stays, but focuses on "remediation plan"
CME plans to corner invoice spread trading, dealers claim
Exchange would have a monopoly on packages that pair swaps with US Treasury futures
AIB welcomes AFS bond filter preservation
Senior risk manager says economy too fragile to remove filter
ECB demands Euroclear CSD consolidation
But concedes Securities Law Directive must come first