Future of Stress Testing - UK FSA and EU CEBS lead the way! - thoughts from Sai Sireesh

Earlier I had blogged about the pendulum shifting away from the light touch supervision mode to a much more prescriptive regulatory environment. The new stress testing guidelines in Europe seem to be good indication of the trend. With most stress testing models failing to reflect the current crisis, many regulators are reviewing the stress testing…

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Sai Sireesh: Australian secret sauce for managing risk sprinkled with APRA’s Meta Regulation!

I was fortunate enough to have short work stints in Australia (both Sydney and Melbourne), a beautiful country with its free spirited fun loving sporty population. I continue to be amazed at the sophistication and depth of their financial markets. There is also a lot of cross pollination of global markets expertise, ideas and world…

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Susan Hauser, VP of Microsoft Financial Services, on New Challenges in Risk Management and Compliance

As the global economic crisis rumbles on, financial firms of all kinds anticipate an overhaul of risk management and regulatory frameworks. I asked Microsoft’s global head of Financial Services, Susan Hauser, for her views: Sai: Susan, as the global head of Microsoft Financial Services, what has the past year meant for financial firms in terms…

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Sai Sireesh: The Spanish Approach to Risk Management!

As a major European economy Spain’s banking sector has relatively fared well in the international financial crisis. Both Banco Bilbao Vizcaya Argentaria (BBVA) and Banco Santander (BS), amongst the largest banks in the world, have done relatively well compared to their peers. With very few banks needing capital infusion and government hand holding,Spanish banks have…

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