Accounting
Financial crisis whets appetite for LDI by German pension funds
German corporate pension plans turn their attention to interest rate and inflation hedging
Sponsored forum: US inflation derivatives
Developments in the US inflation derivatives market
Australian loan loss accounting changes draw fire
If it’s not broken...
OECD urges IASB to review scheme definitions
International body says there is "a lot of confusion in the treatment of a lot of plans around the world".
Quant Congress USA: Ban DVA, counterparty risk quant says
Banks should not book paper profits as their own debt quality worsens, the Risk conference heard yesterday
Quant Congress USA: Economist praises dynamic provisioning
Barclays Capital senior economist praises dynamic provisioning approach to loan losses
US regulatory changes weigh on consumer ABS
Analysts declare Talf a success but say consumer ABS growth could be hampered by regulatory and accounting uncertainty
Deutsche financing scheme for Riga left Latvia with $1 billion debt and reporting headache
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.
Binge then bust
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…
Whistleblowers need direct link to regulators, says survey
A poll on Risk.net says informants should be able to speak directly with supervisors
Regulators take aim at unrealised derivatives profits
Accounting changes promoting more fair-value reporting are forcing supervisors to consider radical restrictions on the way banks use profits.
Unrealised gains out of their hands
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…
Raiders of the loss arc
Regulators are looking at ways to remove pro-cyclicality from accounting standards, with some advocating the scrapping of incurred loss models in favour of dynamic provisioning
Risk management code for hedge fund managers proposed by institute
Daily news headlines
Financial directors personally liable for financial control failings, says BCS
Daily news headlines