Risk Management
325 white papers and resources
US announces more than 50 countries now engaged in FATCA discussions
The US Treasury Department has announced that it is engaging in discussion with more than 50 countries to develop an intergovernmental approach to the implementation of the Foreign Account Tax Compliance Act. DLA Piper outlines the background to this development and details the countries involved.
Setting the Stage: FATCA Compliance
The Foreign Account Tax Compliance Act stands to transform the global tax framework and how financial institutions track and report on their clients’ financial assets. With the law slated to come into effect in 2013, its implications and how financial institutions need to prepare is considered.
How the Greek debt reorganisation of 2012 changed the rules of sovereign insolvency
This white paper explores how the Greek debt reorganisation of 2012 changed the rules of sovereign insolvency. It considers the ways in which this particular sovereign bankruptcy could affect future sovereign bankruptcies.
The impact of Solvency II on bond management
This white paper analyses the bond Solvency Capital Requirement as a risk measure, the effects of this risk measure on bond management within a return volatility-Value-at-Risk-SCR universe, and whether Solvency II will lead to a new bond hierarchy and arbitrage opportunities.
Managing and Measuring Capital
This white paper considers how capital is measured and managed by banks and other financial institutions and how current techniques should be improved to address the issues highlighted in the recent crisis.
Who is compromising your security?
The longer it takes to find a breach, the longer an attacker has to exploit an opening. Even when you find a red flag, can you identify where it’s coming from, or who is compromising your security? And can you do so quickly enough to identify problems that are happening in real time?
Wrong-way CVA done right
Credit valuation adjustment (CVA) has been at the forefront of many discussions since the 2007–2008 financial crisis as a result of losses taken by major market participants due to counterparty defaults on derivatives. Basel III and threatened clearing requirements are driving change.
Advanced persistent threats: are your current defences up to the job?
Network defences such as intrusion detection/prevention systems, firewalls, and antivirus are critical first lines of defence. These tried and trusted security solutions fail to defend against advanced persistent threats, internal attacks, or zero-day threats. Read on to find out more.
Shifting Towards Hybrid Pension Systems: A European Perspective
This research was produced as part of the "Regulation and Institutional Investment" research chair at EDHEC-Risk Institute, in partnership with AXA Investment Managers.
What Asset-Liability Management Strategy for Sovereign Wealth Funds?
This research was produced as part of the "Asset-Liability Management Techniques for Sovereign Wealth Fund Management" research chair at EDHEC-Risk Institute, in partnership with Deutsche Bank.