Quant of the year: Michael Pykhtin

- Risk magazine staff
- 13 Jan 2014

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

In the wake of the financial crisis, regulators in the US and Europe decided the existing capital requirements regime was inadequate and needed to be overhauled. The industry’s models had failed to capture risks – most obviously credit and counterparty exposures – and some critics were calling for them to be reined in by blunter, simpler standards.

The Basel Committee on Banking Supervision only half agreed. Basel 2.5 and Basel III require capital to be held against new exposures, such as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

More on Awards

Awards

Joining the dots: banks leverage tech advancements for the future of regulatory reporting

The continued evolution of regulatory frameworks is creating mounting challenges for capital markets firms in achieving comprehensive and cost-effectiveawa compliance reporting. Regnology discusses how firms are starting to use a synthesis of emerging…