January

Anti-money laundering 01 January 2003

Can executing brokers rely on clearing brokers' know your customer (KYC) checks? Rosali Pretorius* finds out?

From the other side - Who'd a thunk? 01 January 2003

Business history is littered with rogues and scoundrels who plundered their companies, customers, investors or, well, someone. This occurs because it is in the nature of 'business' to seek money and those that are most adept at it quickly realise that living within 'the rules' stifles their talents. At the same time, of course, it is not profitable to be perceived as outlaws, so they pledge adherence to a set of 'best practices'.

Quote Unqoute 01 January 2003

The challenge of Basel 2 compliance 01 January 2003

On 12 November 2002, 11 delegates from leading software vendors and consultancies got together to debate the progress being made in financial markets to achieve Basel 2 compliance, the steps banks should take to get there and the potential implications of the legislation. This article charts the results of the lively discussion.

The regulation of hedge funds 01 January 2003