Financial firms need to establish a single view of risk and return in their organisations, a view aligned with business needs, that meets external requirements, and that is positioned to create value.
Latest articles from Financial Regulation
On the front burner
September 3, 2007Heather McKenzie explains how some, though by no means all, financial institutions are beginning to appreciate that risk has an important part to play in strategic planning.
A better way to meet today’s needs
September 3, 2007Are organisations’ risk management systems serving their needs or just complying with regulations? The Banker and KPMG have compiled this guide to assessing systems and adapting them to fit requirements.
Russia’s urgent need for more red tape
September 3, 2007Reg Rage often criticises regulation, but where Russia’s concerned, more is needed – and quickly. The country’s banking sector is undergoing regulatory reform, but too slowly, writes Michael Imeson.
Collaring market villains
September 3, 2007With increased competition, fragmentation and diversity in asset classes, the job of exchanges and regulators around the world in surveying their markets is becoming increasingly difficult. Serious investment is required to stay ahead of the fraudsters. Alan Duerden explains.
Pips squeak as screws tighten
September 3, 2007The OECD is stepping up efforts to force offshore jurisdictions to toe its line on information sharing and taxation. But as Nick Kochan reports, smaller jurisdictions resent being targeted while OECD members such as Luxembourg and Switzerland appear to escape such censure.
Why london should learn tolove brussels
September 3, 2007High standards of governance will be essential to convince local investors to participate in the regional financial centres that are springing up around the world. And London looks set to benefit from business with those centres as they adopt EU-style regulations, writes Brandon Davies.
The City makes a head startfor hub status
September 3, 2007The market for Islamic banking is forecast to grow at double the rate that conventional wholesale banking will grow in the next five years. Unsurprisingly, banking centres around the world are scrambling to establish footprints in the market. Natasha de Terán investigates how London is positioned.
Room for more sharia compliance
September 3, 2007A new Islamic bank has opened for business in London, bringing the number of standalone, wholly Islamic banks in the UK to three. Is the market big enough? Michael Imeson reports.
Nurturing a public private partnership
September 3, 2007On its 25th anniversary, the Institute of International Finance is well placed to facilitate a new world order involving the sharing of responsibility for global financial stability between multinational financial services firms and governmental institutions, say Dr Josef Ackermann (left) and Charles H Dallara (right).