Basel II
CEBS defends Basel II as “a step forward”
Daily news headlines
Mario Mosse
Volunteer work
Does Basel II add up?
Are there inconsistencies in the standardised and advanced measurement approaches of the Basel II regulatory framework? Andreas Jobst considers the evidence
No extension of Basel II deadline, says Indian reserve bank
Daily news headlines
A tough balancing act
The Office of the Comptroller of the Currency, under the watchful eye of deputy comptroller Kevin Bailey, is moving ahead with its Basel II policy. Victoria Pennington reports
A narrowing gulf
Many Middle Eastern nations are keen to implement Basel II, and larger banks have been stepping up efforts to develop an op risk framework. But smaller banks are being hindered by a shortage of resources and experienced staff, as Victoria Pennington…
'Big five' retain the consultancy crown
The usual suspects appear at the top of OR&C 's survey of consulting firms, but not without having their heels nipped at by the increasingly advancing competition
APRA outlines Basel II market risk proposals
Daily news headlines
The data puddle challenge
The loss event taxonomies currently in use are inadequate. The worst problem is the lack of clarity with regard to the boundary conditions between risk event categories. Tara McLenaghen explores the issues
The forensic approach
PROFILE: SEBASTIAN FRITZ-MORGENTHAL
Standing on the threshold
A 'one distribution fits all' approach is not the best option for op risk models. Carsten Steinhoff and Rainer Baule explain why a tailor-made model is therefore vital to the accuracy of loss distribution models
Cayman Islands takes staged approach to Basel II
Daily news headlines
Risk management and stability better under Basel II, but industry unprepared
Daily news headlines
Banking on a more advanced approach
Banks must review their advanced measurement approach models if they are to experience a smooth transition under the new Basel II regime. By Thomas Kaiser, of consultants KPMG
Batting for British banks
Angela Knight, chairperson of the British Bankers' Association, talks to Nick Kochan about her hard-earned reputation as the scourge of the international regulatory community
Cross-border confusion
Europe's internationally active banks have until the end of this year to be fully compliant with the new Basel capital Accord, but a lack of clarity on cross-border implementation continues to cause major problems
Defining the boundaries
Him Chuan Lim, Basel II programme director at DBS Bank in Singapore, talks to Ellen Davis about operational risk's complex relationship with both credit risk and market risk
Basel II forces more hedge-fund transparency in Japan
Daily news headlines
Australia releases draft standards on Basel II
Oz regulator fine-tunes Basel standards
IIF outlines major global risks in financial system
IIF points out possible pitfalls of massive liquidity and globalisation
Maas calls for faster, more consistent global regulatory framework implementation
IIF seeks more coherence in regulatory framework
Future options
Operational risk derivatives have been touted for a few years now, but interest in them moves in waves. The current tide is high, however. Duncan Wood tests the water
What to do with the treasure we've found?
This month, I've quite literally been around the world checking on the state of the operational risk industry. From my base in London, I've been to our conferences in both Singapore and New York.