Foreign exchange

IASB proposes simplifying fair-value measurement

The International Accounting Standards Board (IASB) has sought to simplify its standards on fair-value measurement, bringing International Financial Reporting Standards (IFRS) further into line with US Generally Accepted Accounting Principles (Gaap).

Duggan offers credit and equity play

Duggan Asset Management, a Dublin-based niche investment firm, has launched a 100% capital protected deposit-based structured product - called the Credit Bond. The product is designed to give investors exposure to the high-yield credit market by…

Audit finds OTS helped banks cook their books

The US Office of Thrift Supervision (OTS), the financial regulator responsible for overseeing mortgage lenders such as Washington Mutual and IndyMac, helped several institutions break accounting rules by backdating capital contributions last year to…

Voluntary carbon market doubles in 2008

The voluntary carbon market is maturing fast and more than doubled in size last year, according to a new study from research firms Ecosystem Marketplace and New Carbon Finance.

FSA bans second Morgan Stanley trader

The UK Financial Services Authority (FSA) has banned David Redmond after he put on a large unauthorised oil futures trade while on Morgan Stanley's freight desk in London in February last year.

RBS and Sip Nordic storm UK IFA market

Royal Bank of Scotland has partnered with Sip Nordic to launch a new series of dynamically managed structured products into the UK independent financial adviser (IFA) market. The investments will be sold by a 25-strong sales force working across the…

Q&A: EC official "optimistic" on central clearing deadline

Mario Nava, head of the financial markets infrastructure unit at the European Commission in Brussels, updates Risk on progress towards central clearing of credit default swaps (CDSs) and the move towards a central trade repository for over-the-counter…

Volatility returns to pre-Lehman levels

Market volatility across several sectors has dropped back to levels last seen before the collapse of Lehman Brothers in September 2008, lending weight to the belief that the financial markets are on the road to recovery.

Fed steps in to support CMBS market

The US Federal Reserve will start accepting legacy commercial mortgage-backed securities (CMBS) as collateral under its Term Asset-backed Securities Lending Facility (Talf), as the US commercial real estate market continues to struggle.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here