...David Lascelles Every year the think‐tank, the Centre for the Study of Financial Innovation, produces a survey which highlights the major areas of risk which financial institutions are worried about. This article charts the findings of the latest survey and finds, amongst other things...

...Arlette Wilson; Dan Heitger Accounting for foreign currency hedges has become a fiercely complicated procedure. At a time when financial institutions are having to alter disclosure methods, the authors provide a practical guide to dealing with each type of hedging procedure. In general, an entity...

... companies, and in particular financial institutions, are going to have to respond to the European deadline. The timescale may be even longer Since then, there has been a recognition among major standard setters that it will take many years to develop an accounting standard based on the work of the JWG...

...Anthony Carey Risk management is more important in the financial sector than in other parts of the economy. But it is difficult. The basis of banking and similar financial institutions is taking risk in conditions of uncertainty. Describes how the Turnbull report, for which the author was project...

... various planning points which financial institutions should take into account in the preparation for the day when the Basel Accord takes effect. Both of these issues affect assets and liabilities on a bank’s balance sheet and, if managed properly, can improve asset quality and profile, prevent loss...

... out to be far from the violent and instant revolution which people had predicted. © MCB UP Limited 2001 --> Financial institutions Change Liquidity Profitability Asset management Liability The problem for financial service organisations is that change has itself changed...

...Thomas Garside; Peter Nakada Examines the rapid advances in risk measurement capabilities of financial institutions with the Basle Accord standards firmly in mind. Gives firm guidelines from the Basle Committee and recommendations and examples. States many financial institutions have developed...

... forecasting. Discusses the various ways the Internet can now be used in aiding customers in financial areas. Concludes that treasury systems are superior (but more expensive) than spreadsheets in small corporates. © MCB UP Limited 2000 New technology Financial institutions Internet SOFTWARE...

...John DeLuca Looks at the problems and fears surrounding banks and financial institutions with regard to the Y2K computer systems date programs. Discusses the possible scenarios for the midnight of 31 December 1999 and that even with all the planning involved, no‐one was sure of the outcomes...

.... Banking Risk Financial institutions © MCB UP Limited 2000 MANAGING BUSINESS RISK How good are banks at managing business risk? Business risk management is now a key senior executive-level concern, yet not so long ago it was seen as a low-level function and left to internal auditors. Chris...

...Andy Winterton Discusses business risk modelling and how it has changed from its earlier days and its, then, less complexity. Looks at the concept of value‐at‐risk (VAR) and develops its impact on financial institutions and further examines thoroughly all the variants of VAR. Examines VAR for both...