Discusses how risk managers can improve style and methods of their techniques. Sets out perspectives based on the author’s experiences as a director of Barclays Group and shows how to gain entry to the “top table” of management. Itemizes the four main drivers to make risk management an...

Posits that the entire financial future of the world, owing to financial instruments, will change – to the benefit of society. States that the arrival of derivatives poses three dangers: systemic risk; lack of control of the use of derivatives; and the risk of capital market mis‐reporting....

Discusses the 1988 Basle Accord and the effect it had on banks internationally plus the more recent amendments dealing with various matters and the 1999 proposals that promise change. Posits that the 1999 proposals envisage three pillars with definite aims, these are examined in depth. Concludes...

Examines the securitization market and explores the factors which fuel grounds for growth in this market and whether, in light of proposed BIS changes, it will continue to expand. Discusses possible pitfalls and itemizes these with further explanations. Looks at the situation in three countries...

Discusses a talk given by Ross Jones at the UK Asset and Liability Management Association about the effect globalization is having on the increased lack of financial controls. Looks at the history of liquidation and how it was achieved. Further investigates IT and the markets and how they have...

When it comes to the way in which banks report the effects of financial instruments, the position of the global accounting firms is crucial. This article explores the difficulties ahead. It suggests that fair value has a place in the system but that using them to report earnings would create...

The world of financial instruments is becoming increasingly regulated. This paper deals with how hedging works as a method of changing an organisation’s risk profile. It argues the case between risk and return and shows how a better balance sheet can be achieved. It warns against financial...

Chronicles the International Swaps and Dealers Association’s (ISDA’s) compliance with the new credit derivative definitions. Adumbrates that the objectives are: to promote more transparency and liquidity in the market; provide objective assessment; and offers a range of choice for three...