Michael Hegarty
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Articles by Michael Hegarty
Adios AMA: Basel proposal to bin op risk models worries banks
Firms doubtful about risk sensitivity of standardised replacement charge
Basel Committee to consult on scrapping op risk modelling
Regulators plan to propose single simple method
BoE may impose extra liquidity charges, says regulator
Regulator will impose Basel III add-on if risks are not captured by LCR
Post-Wheatley FCA may be friendlier to banks
Following Wheatley's sudden resignation from UK regulator, FCA could become more bank-friendly
Change to broken benchmarks ‘years away’
No significant benchmark reforms likely until regulators take the lead
Libor conspiracy 'cloak and dagger', says prosecution
Hayes denies using code to conceal rate manipulation
Libor trial: prosecution slams Hayes defence as 'nonsense'
Manipulation was standard practice, maintains Hayes
Hayes: UBS Libor guide proves bank 'threw him under the bus'
Former trader says adjusting Libor to suit commercial interests was company policy at UBS
Fighting the cognitive biases that undermine scenario analysis
Risk managers should be aware of unconscious flaws in estimation
Libor manipulation 'way of life' – Tom Hayes
But former trader argues the practice was not dishonest
Hayes prosecution wraps up with UBS Libor-rigging announcement
Court hears bank’s £160 million rate-rigging penalty notice
UBS Libor cleared by traders, says Hayes defence
Bank’s commercial interests over rate enshrined in Libor guide
Citi managers ‘low-balled’ Libor, Hayes defence argues
Treasury chief helped manipulate benchmark, court hears
SEC's White: fine individuals to change culture
US regulator also reveals interest in UK Senior Managers Regime
Banks should penalise excessive risk-takers
Hit them "in the pocket" says Credit Suisse op risk chief
Banks call for collaboration with regulators on op risk models
Supervisors would benefit by learning about latest industry techniques
Business side must be challenged on risk reports, conference hears
Frontline business may avoid addressing major risks
Op risk models must aid management to be effective, conference hears
Quantifying risks useful, but only when informing decision making