The Basel Committee has decided that banks should not be allowed to use internal models to measure capital requirements for operational risk.
Virtu Financial senior vice-president eyes move to the mainstream
April 1, 2016Virtu Financial seems to have overcome the controversy surrounding high-frequency trading to achieve growing acceptance as an alternative market-maker at a time when bank dealers are shrinking. The company's senior vice-president, John Shay, explains its strategy.
US demands more from banks on TLAC
April 1, 2016US Federal Reserve proposals for total loss-absorbing capacity go well beyond the Financial Stability Board standards in some areas.
Trading venues ask EU to hurry up on MiFID II
February 29, 2016The European Commission has postponed the start-date for the key financial markets directive to January 2018, but participants are still waiting for the final rules.
Benchmark rules stumble at last hurdle
January 25, 2016A technical flaw in the EU’s rules to prevent financial benchmark manipulation could impose a disproportionate burden on commodity price reporting agencies.
The Banker at 90: lessons learned from nine decades in banking
January 4, 2016As The Banker celebrates its 90th anniversary, Philip Alexander explores the archives to find out what has changed – and how far history keeps repeating.
Debate on misconduct moves beyond regulation
January 4, 2016The search for industry standards focuses minds on fostering an open and innovative environment where good conduct and good performance co-exist.
Banks adjust to stress-testing as supervisory tool
January 4, 2016With post-crisis recapitalisations hopefully in the past, stress-testing has become a means to push banks to enhance their risk and data governance.
Uncertainty surrounds operational risk shake-up
January 4, 2016The Basel Committee wants to remove internal models from the calculation of banks’ operational risk capital, but needs to find a suitable replacement.
Banca IMI, the master of Italian risk, seeks global appeal
December 1, 2015Massimo Mocio says the pull-back of international players from Italy has provided Banca IMI with a stronger domestic base from which to compete.