Risk reporting
Data governance under the regulatory microscope
Consolidation process
Tackling section 165 of the Dodd-Frank Act
Tackling section 165
Brokers establish own carbon trading risk tests
Carbon brokers establish their own checks for assessing counterparty risk, following European market authorities’ failure to react to a spate of carbon market fraud.
BP’s oil spill to double energy companies’ IT spend
The aftermath of BP’s Gulf of Mexico oil spill could double the amount energy companies will spend on information technology (IT) as they look to adhere to new regulatory requirements in offshore drilling pursuits
Statoil stung by hedging derivatives losses
Norwegian oil and gas giant Statoil's results are hit by major losses on hedging derivatives in spite of a rise in profits and production
Solvency II “not as comprehensive as US regulation” says New York insurance chief
Lack of Federal oversight should not be obstacle to equivalence, says key state regulator
More than 2,500 UK end-users at risk of fines over carbon rules
More than 2,500 UK end-users could be stung with a hefty fine from the UK government, as a substantial number of executives at the country’s top firms admit they are unaware of the mandatory CRC Energy Efficiency Scheme, reveals a new report
31% of oil and gas firms lack ETRM solutions
Nearly one third of all oil and gas companies are more susceptible to systemic risk, as a report reveals 31% of these firms lack an energy trading and risk management (ETRM) solution for their operations
Moody’s boosts Petronas rating on Iraq exposure
Rating agency gives a surprise boost to Malaysian oil company Petronas’s credit rating from negative to stable, despite the company’s substantial acquisition of an Iraqi oil field with Royal Dutch Shell
Moody’s warn of Spanish power sector downgrade
Rating agency warns that a surprise Spanish government review of wholesale electricity prices could lead to a downgrade of Spain's power companies
Governance returns
Excessive risk-taking was a major cause of the recent meltdown in the financial markets. Time, then, for corporate governance to return in force
Risk managers gain new prominence in post-Lehman boardrooms
Pre-Lehman, risk managers used to occupy a place some way down the pecking order within senior management of banks and investment firms. The financial crisis changed all that.
Progress by the dashboard light
Increasing numbers of banks and vendors have built dashboards into risk management systems, designed to provide easy-to-comprehend, real-time indicators of risk. How do they work, what information do they provide and how effective are they? By Clive…
Risk management: how to prepare for the next crisis
Nigel Milbank believes one of the causes of the recent financial crisis was risk professionals’ failure to persuade their organisations of the importance of risk management. Here, he outlines 10 ways to get people on board the risk train and to better…
Seeking approval
New Product Approval Process
Heads in the sand
Editor's Letter
FSA wants more effective risk governance
Daily news headlines
Don't rock the boat!
Editor's blog
Industry effort launched to find new reporting standards for risk
Daily news headlines