Risk Management
325 white papers and resources
Turning Reform into Competitive Advantage
As Europe embraces a new era of cleared and executed derivativestrading, market participants will have to maximize operational efficiencies to improve risk management, provide greater transparency to clients and counterparties, and to create smoother workflows.
Don’t get left behind – how financial services need to consider their IT infrastructure
The global credit crisis exposed the weaknesses inherent in the risk management and IT infrastructures employed by banks. Learn how these weaknesses can be overcome to increase competitiveness and reduce risks.
Anti-Money Laundering when transaction monitoring is not sufficient
Anti-Money Laundering (AML) operations had been regarded as a cost of doing business by the majority of financial institutions. This white paper reviews the current AML challenges that the banking industry faces.
Market risk – How to achieve international approval
Adopting the Internal Model Approach (IMA) has given banks the ability to reduce their market risk exposure. This white paper reviews the benefits of IMA, points out the challenges of IMA implementation and looks at the various options available to limit resource expenditure.
KYC, AML, FATCA and client on-boarding - A glossary
This glossary is designed to support back and middle office resources in dealing with know your client (KYC), anti-money laundering (AML), Foreign Account Tax Compliance Act(FATCA) and client on-boarding.
Achieving Basel III compliance – How to tackle IT and business issues
Since its introduction the banking industry has had to make significant changes in order to meet Basel III’s strict set of requirements. This white paper reviews capital, risk management and technological challenges that the banking industry is facing in order to become Basel III compliant.
Consumer credit - getting ready for the new regulator
The government recently decided to transfer regulatory responsibility of consumer credit and second charge mortgages from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA). This white paper analyses this decision and sets out an anticipated time-line for transfer.
Enforcement — what to expect under the Financial Conduct Authority
This white paper reviews the recent breakup of the Financial Services Authority (FSA). It provides insight into how the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) will regulate the UK’s financial services industry in the future.
Banking crisis in Cyprus: Q&A on the new banking laws
Harneys answers frequently asked questions about banking in Cyprus in the context of the current banking crisis. Key issues discussed include circumstances under which the Deposit Protection Scheme is activated, which deposits are covered by the Deposit Protection Fund and depositor compensation.
UBS and rogue-trading: an insight into prevailing regulation
UBS was recently fined £29.7m as a consequence of the much-publicised rogue-trading activities of Kweku Adoboli. Macfarlanes provides a summary and outlines why the UBS Final Notice emphasises the importance placed by the FSA on an institution's first line of defence.