Operational risk
Dodd-Frank slows down full implementation of Basel II
Contradictions in the US regulations slowing down exit from Basel II parallel run
Dodd-Frank prop desk carve-out creates potential restructuring risks
Intellectual property and internal talent could get caught up in bank prop desk divorce
Nomura signs on to Traiana Harmony
Japanese bank continues e-FX build-up.
Economics should drive change
The decision to include foreign exchange swaps and forwards in the US over-the-counter derivatives reform bills run counter to research conducted by central bank-backed foreign exchange committees.
Advanced IRB Basel II approach delayed
BASEL – The Basel Committee on Banking Supervision has said that implementation of the advanced internal ratings-based approach (IRB) for credit risk and the advanced measurement approach (AMA) for operational risk will be delayed until the end of 2007…