In this article the author discusses two alternative approaches to the valuing of non‐maturity deposits. He examines both the replication of cash flows and behavioural modelling and analyses the various other factors which should be taken into account.

The author describes the processes which have led to the creation of an accepted set of international financial reporting standards. He looks at the background and the history behind this development and assesses the likely changes in the future which will stem from the decision.

Chronicles the International Swaps and Dealers Association’s (ISDA’s) compliance with the new credit derivative definitions. Adumbrates that the objectives are: to promote more transparency and liquidity in the market; provide objective assessment; and offers a range of choice for three...

Expresses concern that the Basle proposals do not accord with current UK institutions principles and outlines areas, in great detail, which need to be addressed. States there are three main concerns for UK bankers, these are: the banking book is not defined; management of exposure differs between...

This article explores the impact that XBRL, the new business reporting language, will have on reporting in financial services companies. The author explains how XBRL works and how it should mean that companies and users of corporate information will be able to use financial services, which is...

In this extract from his latest book Mark Haynes Daniell analyses new sources of risk and opportunity as the telecommunications industry revolutionises the business world. He looks at recurring risk patterns and what can be done to combat them. He then looks at how some of the biggest names have...

Looks at how banks, since 1988, have increasingly engaged in transactions to enable transfer to credit risk, to try to achieve better allocations of economic capital. States that the International Swaps and Derivatives Association Inc. (ISDA), believes current reviews of the Basel Accord opens...

Discusses the recently published draft standard from the Bank of England that covers most controversial banking regulatory areas. States that there may well be advantages in a fair value approach for banks but disclosure of fair values would probably be preferable. Looks at the S&L crisis in the...

Highlights eBusiness‐to‐business (eB2B), which comprises 84 per cent of online revenue – strongest of all in the financial sector. Profiles the various companies involved – such as Westpac and Citicommerce, Chase, American Express, Cybercapital and Epoch Partners. Espouses that there is...

Advances ongoing risk management and opens with a short example of how one senior operating executive stated there were no risks to his business unit. Claims that managers cannot be blamed for lack of knowledge in this area, as it is only lately that new approaches, to use powerful tools in...