Risk
IMF issues op-risk guidelines
The International Monetary Fund has published guidelines on enhanced market practice and more effective prudential standards for operational risk measurement.
Avoid absorbing default losses, central banks told
Central banks should beware of injecting funds aimed at absorbing losses associated with defaults to provide risk sharing, according to research published by the Bank of Canada.
The impact of innovation on systemic risk
The pace of financial innovation has led to an increasingly complex and interconnected financial system. But what effect does this have on systemic risk?
Share options spur CEOs to take more risks
Granting employee stock options motivates CEOs of banking firms to undertake riskier projects, research published by the New York Fed has found.
HK's Choi on Basel II's risk management challenges
Y.K. Choi, the deputy chief executive responsible for banking at the Hong Kong Monetary Authority, spelt out the risk management challenges facing the Asian finance industry in preparing for Basel II.
Competition found to impact bank risk
Banking stability may be undermined by competition, according to research published today by the San Francisco Fed.
Canada's rate path uncertain - Dodge
A rise in value of the Canadian dollar and mixed signals on inflation risks will present the Bank of Canada with some tough monetary policy decisions in the coming months, David Dodge, the governor of the central bank, said that on Tuesday.
SEC and FSA chiefs to discuss hedge fund rules
Paul Atkins, the commissioner of the US Securities and Exchange Commission, and Hector Sants, the chief executive of the UK Financial Services Authority, will meet with senior hedge fund professionals to ask if funds should be regulated and to see what…
Research finds East Asian ratings discrepancy
A significant discrepancy exists between agency ratings and market-based default risk measures for East Asian banks, according to a paper published by the Hong Kong Monetary Authority on Tuesday.
Subprime was trigger not cause: Fed's Warsh
Kevin Warsh, a governor of the Federal Reserve, said on Friday that the subprime crisis sparked, rather than produced, the recent bout of money-market turmoil.
Links between ownership, market structure and risk
The relationship in developing countries between banks' risk of failure, market structure, their ownership, and screening and bankruptcy costs is investigated in an International Monetary Fund paper published on Wednesday.
A case for hedge fund regulation
The unique nature of hedge funds could lead to market failures that counterparty credit risk management (CCRM) practices cannot easily assess, according to an article published by the New York Federal Reserve.
Thailand to hold risk management event
The Bank of Thailand said on Monday that this year's research event will cover 'Managing Financial Risks for the Coming Decade'.
CEBS advises on liquidity risk management
The Committee of European Banking Supervisors, which acts as a consultant to the European Commission on banking policy issues, published the first part of its technical advice on liquidity risk management.
New FSA chief sounds warning call
The new chief executive of the British Financial Services Authority, Hector Sants, has warned that banks and financial institutions may not have done enough to protect themselves and their investors against the impending market downturn.
Portfolio credit risk in central banks
This report presents the findings of a task force, established in early 2006 and consisting of nine Eurosystem central banks to analyse and discuss the use of portfolio credit risk methodologies by central banks.
Analysing hedge fund credit risk
This New York Fed Staff Report argues that the characteristics of hedge funds makes the use of counterparty credit risk management (CCRM) methodologies more difficult as they exacerbate market failures linked to agency problems, externalities, and moral…
MAS chief on financial risk and innovation
Ten years on from the Asian financial crisis, Heng Swee Keat, managing director, of Monetary Authority of Singapore, opened the first annual Risk Management Institute Research Conference.
Noyer on French banks' vulnerabilities
Christian Noyer, governor of the Banque de France, said there is an "ever more urgent need for new methods of risk assessment and for appropriate supervision that can react swiftly to these changes," at a speech given on 29 June during the presentation…
Basel II and risk management in the Philippines
As the Philippines gears up for Basel II, Amando Tetangco, Jr, the central bank's governor set out areas where the central bank could work with the banking system to improve risk management processes.
ECB report says bank risk low
The European Central Bank said in a report on Wednesday 18 April that bank balance sheets are strong and they are well protected against risks from booming lending for private equity buy-out deals in the European Union.
BoE's Clark on models of financial stability
In the speech 'Analytical models of financial stability' given on 28 March Alastair Clark of the Bank of England said further ahead, a framework does now seem to be emerging within which a more systematic discussion of financial risks can take place.
Fed's Bies on Basel II implementation in the US
In the speech 'An update on Basel II implementation in the United States' given on 26 February Susan Schmidt Bies of the Federal Reserve said that some parts of the proposed overhaul of U.S. banking rules known as Basel II could be delayed by a year.
SNB's Hildebrand on risk management
In the speech 'Risk management' given on 14 December Philipp Hildebrand of the Swiss National Bank said effective risk management requires that all relevant risks be identified and assessed regularly, in a manner that is as unbiased as possible.