This blog post originally appeared on FOW. The rapid response to the financial crisis initiated by the G20 has led to a plethora of new regulations which sometimes seem like a never-ending series of sticky plasters trying to patch up a leaky hull. No sooner has one leak been fixed (think Stressed VaR or Incremental [...]
Showing all posts by Mat Newman
INTERAGENCY GUIDELINES ON COUNTERPARTY CREDIT RISK MANAGEMENT – A GOOD START, BUT MORE TO DO
Recently, four U.S. federal agencies – Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and Office of Thrift Supervision – published a paper on interagency supervisory guidance for counterparty credit risk (CCR) management. The paper covers a number of wide-ranging topics from sound [...]
