Transparency
No more Mifid regulation, says EC report
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FSA releases discussion paper on transparency
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Standard & Poor’s pledges to reform the credit rating process
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Transparency Directive rules too complex, says ESME
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McCreevy says financial crisis best solved behind closed doors
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From small acorns...
In the third of a series, Eric Holmquist considers some practical steps to building a better risk culture
EU Commission publishes implementing measures for the Transparency Directive
Transparency Directive published in the Official Journal of the European Commission
Harnessing our differences
In the first of a series, Eric Holmquist considers the characteristics, challenges and opportunities in developing a risk culture
EC calls for evidence on transparency in bond and non-equity markets
The European Commission (EC) has launched a call for evidence on transparency in bond and non-equity markets. The evidence will be used to determine whether mandatory pre- and post-trade transparency should be introduced throughout the European Union (EU…
Honesty best for preventing bank crises, report says
Ethics are far more important than economics in preventing bank crises, according to a report published today by Berlin-based corruption watchdog Transparency International.
Honesty best for preventing bank crises, report says
Ethics are far more important than economics in preventing bank crises, according to a report published today by Berlin-based corruption watchdog Transparency International.
S&P warns banks against reducing capital too soon in anticipation of Basel II
Standard and Poor's will review, and possibly downgrade, issuers that will be found to have reduced their capital levels in anticipation of the effect of the new Basel Accord, also known as Basel II, according to Paris-based Scott Bugie, the rating firm…
Unlocking the rating process
The credit rating agencies are often criticized for a lack of transparency in their rating methodology. But as John Caserta reports, the agencies are taking steps to shed light on this often mysterious process and, in doing so, rebuild investor…
Regulators highlight the challenges of establishing internal credit ratings
Panelists at a World Bank conference in Washington, DC, yesterday outlined recommendations to banks in emerging markets considering implementing internal credit ratings systems.
Sponsor's article > Accounting for revenue uncertainty
The past 20 years have seen an increasing focus on mark-to-market accounting when determining corporate profits. This has been accompanied by a dramatic growth in contracts where multiple complex contingencies interact to affect valuation. David Rowe…
A window on transparency
Hedge funds will no doubt start 2004 where they left off in 2003 - as the investment vehicles of choice for private and institutional investors looking for the best opportunities for decent returns.
Bill of rights
A group of 25 institutional investors have released a manifesto outlining their aims for a better world for bondholders. Stronger covenants, greater transparency and improved ratings practices are amongst their demands.
Energy firms face “crunch time” for accounting compliance
Professional services firm PricewaterhouseCoopers (PwC) says time is running out for energy and utility companies to get to grips with the pending implementation of the International Financial Reporting Standards (IFRS).
Creating an op risk loss-collection framework
To meet the Basel II advanced measurement requirements and improve op risk management, firms must establish robust loss databases. Ulrich Anders and Jürgen Platz of Dresdner Bank in Frankfurt outline such a framework.
Mutual fund proposals may spur tech uptake
NEW YORK – Mutual funds may have to make more technology implementations if legislation introduced by the US House of Representatives' financial services committee becomes law. The bill, proposed last month, is intended to improve mutual funds'…
Securitisation will not be damaged by Basel II, says Mercer Oliver Wyman
Securitisation and related forms of credit risk transfer are unlikely to suffer in the long-term under the Basel II proposals, according to a report published today by financial and risk management consultancy, Mercer Oliver Wyman.
Basel trouble brewing in Europe's accession countries
Domestic banks and corporate banking customers in central and eastern Europe could have trouble adapting to the changes the revised Basel Accord would have on their economies.