Discussion of Regulatory Risk Issues in financial markets
Introduction The global economic crisis has provided regulators with an opportunity to fundamentally restructure the approach to risk and regulation in the financial sector. The international members of the Basel Committee on Banking Supervision have collectively agreed on reforms to “strengthen global capital and liquidity rules with the aim of promoting a more resilient [...]
The Basel Committee on Banking Supervision has been mentioned often in the media both during and after the financial crisis. This Committee provides a much-needed forum for regulators to meet at regular intervals and discuss cooperation on banking supervisory matters such as the management of capital under the Basel III capital accord. The aim of [...]
This guest post is by Donna Nell of Oakview Law Group. A top UNESCO officer stated that the world economic crisis and resulting recession had a major effect on education, especially in least developed nations where there’s a significant rise in the number of drop-outs. With a considerable rise in the cost of education, more [...]
At the onset of the financial market crisis in 2007, many banks had adequate capital levels but they still ended up experiencing serious difficulties when it came to liquidity risk management. They had failed to sufficiently accounted for their exposure to liquidity risk. Before the crisis, funding was readily available and cheap. This created [...]
What is the difference between Governance, Risk Management, and Compliance? They have become an accepted group term that describes similar and related actions and procedures by an organisation across all three of the areas. All three terms are closely related, and are increasingly being integrated and aligned by business wherever it is practically possible to [...]
