The DVA dilemma
Billions of dollars in capital could be excluded under Basel proposals on derivatives DVA - with US banks hardest hit
Service Provider Rankings 2011
RBS being sued in the US by Highland Capital for $100 million
Derivatives accounting proposals abandoned to relief of dealers - but move deals a blow to hopes of convergence between US standards and IASB
Dealers say gross figures over-inflate balance sheet and misrepresent risk
US standard-setter tilting towards IFRS on accounting for financial instruments
Proposal for convergence on derivatives netting could force an adjustment of US bank leverage ratios, says regulator
Risk awards 2011
German corporate pension plans turn their attention to interest rate and inflation hedging
Developments in the US inflation derivatives market
If it’s not broken...
International body says there is "a lot of confusion in the treatment of a lot of plans around the world".
Banks should not book paper profits as their own debt quality worsens, the Risk conference heard yesterday
Barclays Capital senior economist praises dynamic provisioning approach to loan losses
Analysts declare Talf a success but say consumer ABS growth could be hampered by regulatory and accounting uncertainty
A financing transaction arranged for Riga by Deutsche Bank shows how local authorities can lay their hands on spending money without reporting it as debt.
Politicians have recently expressed alarm at a cross-currency swap conducted between Greece and Goldman Sachs in 2001, which allowed the sovereign to reduce the debt it reported in its public accounts. But other examples now coming to light show the…
A poll on Risk.net says informants should be able to speak directly with supervisors
Accounting changes promoting more fair-value reporting are forcing supervisors to consider radical restrictions on the way banks use profits.
Some regulators have suggested profits based on uncertain valuations of complex products should not be allowed to flow into earnings and be distributed in the form of dividends and bonuses – a move that potentially has massive implications for the…