Opinion/Comment
A Brexit stress test for the buy side
Markets are betting 2–1 the UK will remain in the EU but securities will tumble if they're wrong
Getting in shape for the FRTB has to start now
Many banks are lagging behind when it comes to ensuring they are fit for the new trading book regime
After Milan: how Italian law treats muni swaps
Dealers in Italy run risk of “unpredictable legal conflicts”, warn lawyers at Norton Rose
In operational risk, the future ain’t what it used to be
Just because we can't measure op risk accurately doesn't mean we should give up, argues Peter Sime
Basel plans would weaken leverage ratio
Adoption of 'risk-sensitive' SA-CCR will allow more leverage, argues FDIC vice-chair
Climate change is the fattest tail risk of them all
Casting doubt on science is an unwise risk management strategy
Small is beautiful in operational risk management
Small firms have many advantages in administering op risk programmes, argues Ariane Chapelle
Bangladesh Bank fraud is a comedy of op risk errors
Megan van Ooyen from SAS rounds up the top five operational risk losses for March 2016
Blockchain tech for derivatives CCPs – friend or foe?
Distributed ledgers can benefit – and won't replace – CCPs, says Nasdaq Clearing president
Three ways to model liquidity risk
Deriving synthetic bid/ask spreads offers a new approach to a thorny problem
Why raiding CCPs’ initial margin would be bad policy
A wounded CCP should not have a claim on users’ assets, says hedge fund group
Putting a price on long-term life insurance business (part II)
Extending risk-adjusted performance metrics to take into account real-world investment returns
Discarding the AMA could become a source of op risk
Basel Committee's "tantrum-like reaction" is not supported by evidence, say practitioners
CCPs must be able to haircut initial margin in a crisis
Initial margin is the best source of liquidity for CCPs in a crisis, argues Irish central banker
Regulation, risk-taking and responsibility
Supervisors “need firms to be profitable”, writes BoE’s Fisher
Tensions at for-profit CCPs could put them at risk
Demutualised CCPs must find a way to keep clearing members engaged in risk management
Why we should all long The Big Short
Hit film will allow more people to have an informed dialogue on regulation, free markets, finance and opportunity
To assess liquidity risk, one must ask the right questions
A mathematician’s insight during World War II can help guide risk managers today
Putting a price on long-term life insurance business
Allianz's Thomas Wilson re-examines how firms measure the value of capital-intensive products
All you need to know about op risk in four letters
Processes, people, systems and external events are fundamental to operational risk management, says Ariane Chapelle
Why Isins are not fit-for-purpose OTC derivatives identifiers
SocGen’s Bill Stenning says draft Mifid II regulatory technical standards should be amended
Bank market-making is more limited, but also more robust
Liquidity is a concern, but lower capital requirements are not the answer, writes SNB's Rime
Equities slump could favour defensive structured products
Products with defensive strikes allow investors to make gains in falling markets
Blunt SEC derivatives proposals too onerous for funds
Crossover between derivatives and liquidity rules threatens heavy burden for buy side