Latest Risk Management
Review of 2024: as markets took a breather, firms switched focus
In the absence of major crises and regulatory deadlines, financial firms revamped strategy, services and practices. The three-lines-of-defence model had a facelift, counterparty risk models were upgraded, and clearing houses charted new frontiers. Here, we look back at some of the year’s biggest Risk.net stories, and those with the greatest potential to shape the coming 12 months.
As supplier risk grows, banks check their third-party guest lists
Dora forces rethink of KRI and RAF frameworks amid reappraisal of what constitutes a key counterparty
Dora flood pitches banks against vendors
Firms ask vendors for late addendums sometimes unrelated to resiliency, requiring renegotiation
Quant Finance Master’s Guide 2025
Risk.net’s guide to the world’s leading quant master’s programmes, with the top 25 schools ranked
Baruch maintains top spot in 2025 Quant Master’s Guide
Sorbonne reclaims top spot among European schools, even as US salaries decouple
Cyber risk can be modelled like credit risk, says Richmond Fed
US supervisors may begin to use historical datasets to assess risk at banks and system-wide
Clearing
Withholding tax trips up Eurex agency clearing model
Clearing members rely on CCP to resolve potential problem with German tax authorities
Thin-skinned: are CCPs skimping on capital cover?
Growth of default funds calls into question clearers’ skin in the game
New CME guidance to drive tighter margin call management
Clearing house rule clarified to limit the use of grace periods to cases of admin/operational errors only
More cleared repo sponsors join Eurex ahead of cross-margining
End of TLTROs for banks and pension fund search for liquidity management tools drives uptake
Risk Quantum
Data insights, delivered daily
Risk Quantum finds insights in data. The service tracks the public disclosures of over 120 banks, funds, insurers, corporates, and central counterparties – as well as reports from prudential and markets regulators – in Asia, Europe and North America.
EU IMA users maintain edge in keeping risk charges compressed
Aggregate market RWAs increased slower in 12 months to June than at banks using SA only
Synthetic risk transfer
BofA sets its sights on US synthetic risk transfer market
New trading initiative has already notched at least three transactions
Critics warn against softening risk transfer rules for insurers
Proposal to cut capital for unfunded protection of loan books would create systemic risk, investors say
Sliced and sliced again: investors’ latest trick for risk transfer
‘Retranched’ synthetic securitisations offer higher yields, but questions remain over legality of structures
Capital rules explain leverage craving in US bank risk transfers
Tougher requirements have led to conservative structuring and lower coupons
What Goldman’s appeal victory means for Fed stress tests
Decision could embolden more banks to appeal, analysts say. But others believe result is one-off
Sponsored content
About
These articles were paid for by contributing third parties. Click here for more information on content funding.
Revolutionising credit surveillance: part two
Elevating risk management to a strategic partner in investment decision-making
Independent audits drive compliance in FRTB data solutions
The countdown begins: navigating the new corporate governance landscape
The changing shape of risk
