| Putting FCMs in the Risk Management Driver’s SeatNew CFTC rules are imposing unprecedented demands on futures commission merchants, but forward thinkers who seize the opportunity to improve risk methodologies beyond the regulatory requirements will benefit. |
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| Military Precision for Conflict ComplianceA looming Dodd-Frank mandate intended to deter trafficking and consumption of so-called conflict minerals has brought Greg Szczesny to PwC. |
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| The Lack of Trust on Wall StreetWhy do many of the largest financial firms appear to have lost interest in cultivating and maintaining their reputations for integrity? |
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| All Is Fair in Love … and Accounting?A new proposal from the Financial Accounting Standards Board makes substantial strides toward converging its approach to classification and measurement of financial instruments with that of the International Accounting Standards Board. |
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| Basel Committee and IOSCO Refine Swaps Margin ProposalMargin requirements for non-centrally-cleared derivatives draw nearer with the publication of a new consultative paper, but concerns are growing about the the possibility of regulatory arbitrage. |
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| IFRS 9 Modification Takes Volatility out of P&LA proposed International Financial Reporting Standard that could have introduced significant volatility into the earnings of companies and banks using cross-currency hedges has been revised to minimize that risk, even as it introduces some new complexities. |
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| Risk Analyst Takes Whistleblower Complaint PublicDr. Eric Ben-Artzi, a former quantitative risk analyst with Deutsche Bank, is believed to be the first SEC whistleblower to share his story publicly. Now his ex-employer fires back at the charges. |
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| Kelly’s Formula: Fixing the Flaws in Basel III’s Capital BuffersThe introduction of capital buffers in Basel III is a key step to ensure the stability of the banking system, but to be effective they must be linked to the risk appetites of individual banks. |
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| The Capital Impact of New Financial RegulationAs banks grapple with new capital adequacy and liquidity standards, the potential impact on capital is causing many to reevaluate their strategies and operations. |
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| An Evidence-Based Approach to Risk ManagementAmid a cascade of new regulations and a renewed emphasis on enforcement, regulators are demanding an evidence-based approach that makes organizations prove they are compliant. |
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| How Sarbanes-Oxley Has Affected Internal Controls and Compliance: A 10th Anniversary ReviewTen years after the Sarbanes-Oxley Act was enacted, Protiviti asked 600 financial, compliance, internal audit and other executives what they really thought about Section 404. |
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| Regulators Bring Clarity to U.S. Implementation of Basel IIIU.S. regulators have proposed a long-awaited set of new capital rules, reducing some of the uncertainty in the country’s banking sector over implementation of the Basel III capital framework. |
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| The Cost of Derivatives ReformInvestment banks are spending billions to meet new over-the-counter market requirements – and ultimately to be ready for new business opportunities. |
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| Regulatory Stress Tests Get Grudging AcceptanceAmid considerable grumbling, federal regulators have asked the private sector to keep stress tests in perspective. |
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| Scenario Analysis for Compliance and BeyondWith an adequate infrastructure in place, stress tests can yield significant analytical and decision-making benefits. |
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