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Archive for: October, 2012

Gary Wright - BISS Research - London | 24/10/2012 | 5778 views

I have never known ethics to be talked about so much as in the last year or two and we all know why. However, I was intrigued the other day when the Chartered Institute of Investment Services (CISI) (of which I am a founder member having been grandfathered in through my Stock Exchange membership) sent me an email stating that from next year all mem... Tags: Risk & regulation, Wholesale banking

Gary Wright - BISS Research - London | 18/10/2012 | 1705 views

Ratings gone quiet or the lull before the calm

Since LIBOR broke into media frenzy territory the noise around ratings has gone pretty quiet. Although we have seen the appointment of Kevin Milne one of the City’s best assets by RVS the Singaporean headquartered Rate Validation Services benchmarking company and we have had Martin Wheatley the UKs regulatory great hope, if not quite yet savi... Tags: Risk & regulation, Post-trade & ops

Gary Wright - BISS Research - London | 17/10/2012 | 2096 views | 1 comment

Getting to grips with Rogue Traders

At a City forum yesterday a representative from the FSA presented the seventeen definitions behind the operational risk management principles, which financial services firms are expected to practice to prevent rogue trading and other fraudulent activities. I could not help noticing that the word ‘limit’ was used frugally. It was in fac... Tags: Trade execution, Risk & regulation

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