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A broad brush on Basel: risk mitigation issues
By Celia Gardiner, Partner, Watson Farley and Williams

The Basel II regulatory capital regime has now been in full effect for around six months. Full implementation has coincided with turbulent times in the financial markets. Banks have therefore had to adjust to a new regulatory regime at a time when reduced liquidity has added majo

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Should we fear the return of Grendel's mother? - the Sniffer reports:
If last month we faced the "Funeral in Berlin", where do we look this month for cinematic insight into the state of the trade finance market? "Beowulf" perhaps? For those who have yet to enjoy this "straight to DVD" long-haul in-flight fodder, the eponymous hero is played by the vertically-challenged yet horizontally-substantial South London ac

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June 2006: Too short-Sighted By Half by Vince Heaney
The law of unintended consequences is a powerful force and no more so than when short-sighted policymakers regulate only one half of a market. Take, for example, the California electricity crisis of 2000 and 2001. State legislators partially deregulated the California energy system expecting electricity prices to fall because of greater supply-

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Latest Issue

June 2008 Issue
The June 2008 Edition of International Trade Money is now out! This month the Sniffer reports on news and deals in the global markets, Vince Heaney writes about Colombia political risk and much much more. The outlook for the global economy is covered in "The Last Word". Don't miss this month's edition of International Trade Money...

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