... services Liquidity Risk management Basel II is heading towards the European Union and will hit in 2007 and 2008. The balance sheets of some 7,000 banks in the EU are going to be affected. A PricewaterhouseCoopers study[1], published by the European Commission in April, estimates that bank capital...

... management Balance sheets Risk management Liquidity In 2000, eight years after its inception, the Asset and Liability Management Association ran the first course in the UK on the fundamentals of ALM. The initiative has been warmly welcomed by the profession. It has now evolved into an annual...

...Phil Leverick Leverick, Head of Balance Sheet Management for the Royal Bank of Scotland and a stalwart of the Asset and Liability Management Association, takes a look at the latest situation in the efforts to provide regulation that is intended to bring order to liquidity. Last but not least...

... are required to hold, but also on the strategic landscape of the banking industry. © MCB UP Limited 2003 Banking Liquidity Regulation Risk management The Basel Committee released a third, and likely to be final, consultative paper for a New Capital Accord (Basel II). The proposal...

... UP Limited 2003 Assets management Liquidity Banking Risk management Governance The tenth anniversary of the UK Asset and Liability Management Association in 2003 provides an opportunity to take stock of progress made and promise unfulfilled during that period. From a personal...

... been avoided. If they had implemented rigorous liquidity risk management structures, the banks would have a clear view of their true position and could have avoided spinning into the vicious circle of a funding crisis. Even a cursory glance through the financial pages over recent weeks can leave...

... is the first detailed response from the banking community. It argues for evolution of the rules rather than radical change. © Company 2001 Financial accounting Accounting standards Liquidity Risk management Disclosure Banking The British Bankers’ Association has for some time objected...

...David Clementi As deputy governor of the Bank of England, the author provides an overview of the trends in consolidation of the market before assessing current proposals on the capital adequacy of banks and the new Basel Accord. He expresses concern about the perennial problem of liquidity...

... professionals need to have a deep understanding of the financial markets and of the many lines that their banks will be running. Even then he suggests that liquidity crises are very difficult to predict or control. © Company 2001 The treasury department will focus on the offsetting of cash inflows...

... investors, it can be seen more as the outcome of a supply of excess liquidity from corporations. Since the end of the post‐war boom in the 1970s, many companies have found it easier to make a good return from playing the market than from their core businesses. It has even become standard practice...

...Andy Wright Financial institutions Change Liquidity Profitability Asset management Liability ALMA sets up Web site A Web site for UK ALMA has been set up which carries news, networking details, news of future courses, meetings and conferences and other useful information. It can...

... that the proposals should be abandoned and that the accounting standard setters join with the banking industry to produce improvements in financial reporting. © Company 2001 Financial accounting Accounting standards Banking industry Credit Liquidity Supervision In Balance Sheet, Vol. 8...

... asset management one thinks of securitisation, loan syndication and the use of credit derivative and insurance products. Each product addresses particular issues that may face a portfolio manager from time to time: Securitisation creates liquidity and raises finance against pools of assets...

... Liquidity Cash flow Organizational behaviour Seasonal trends VALUING NON-MATURITY DEPOSITS Valuing non-maturity deposits: two alternative approaches In considering two alternative approaches to the valuing of non-maturity deposits, Alex Wolff of SunGard Trading and Risk Systems examines both...

...Ross Jones Discusses a talk given by Ross Jones at the UK Asset and Liability Management Association about the effect globalization is having on the increased lack of financial controls. Looks at the history of liquidation and how it was achieved. Further investigates IT and the markets and how...