Regulation
315 white papers and resources
T+2: The Catalyst for Change
With the 6 October 2014 deadline for T+2 fast approaching, the industry needs to prepare. It is more than 20 years since the Industry User Group (IUG) oversaw the birth of the first vendor electronic trade confirmation (ETC) platforms. Those platforms (Thomson - OASYS Global, London Stock Exchange …
Global Anti-Money Laundering Survey 2014
It is 10 years since we released our first Global Anti-Money Laundering (AML) survey. During those 10 years, financial institutions have ridden the highs, and plunged to the lows, of the economic cycle. Despite these dramatic changes in the business environment, AML has remained a key focus area…
Cross-border investigations: Are you prepared for the challenge?
Conducting cross-border investigations is no simple endeavor. Add the complexities of legal and cultural differences, and you have arguably one of the biggest challenges facing global corporations today. There are obstacles at every step of a cross-border investigation, including initially…
Key risk data aggregation architecture required for Basel III compliance
Representing a sea-change for the financial sector, The BaselCommittee on Banking Supervision (BCBS) has focused on strengthening risk data aggregation and reporting capabilities at key financial institutions. The resulting paper, Principles for effective risk data aggregation and risk reporting…
Risk Neutral Modeling for Economic Scenario Generation: In Theory and Practice
This white paper explores the theory behind and practice surrounding Risk Neutral Modeling for Economic Scenario Generation (ESG). In addition to laying out the foundations of the RiskNeutral Measure and Fundamental Theorem, this study also sets forth several practical case study examples that…
The Quest to Stop the Creative Rule Breakers
This whitepaper highlights how research findings have identified forms and patterns of rule-breaking behavior in the financial markets. The paper also considers the darker side of recent findings, some of the games of compliance noted by researchers, and looks at a few common behavioral effects…
Practical considerations for ORSA modelling
This paper outlines three key areas of the ORSA requirements, for which we observe a need for further improvement to actuarial modelling techniques. The ORSA guidance establishes that an ORSA report should contain analysis that includes:a) A forward looking assessment of risk and solvency levels…
Global Conduct Risk Report
To support the financial services industry in its management of conduct risk, and enable firms to benchmark their own practices against global peers, Thomson Reuters has undertaken its first survey dedicated to finding out how the industry is defining and dealing with conduct risk. The responses…
CVA and Counterparty Risk Management: a survey of management, measurement and systems
The paper presents the results of a survey that looks to establish the management processes, measurement and systems that banks use to control counterparty risk paying particular focus on two important metrics in counterparty risk: Potential Future Exposure (PFE) and Credit Valuation Adjustment …
Improved decision-making and business insight using a holistic ALM solution
This white paper outlines a more holistic approach to ALM modeling that captures a detailed view of both the assets and liabilities and the interactions between them in a common framework.