In 2013 the regulatory environment has remained challenging, with many new requirements being proposed for review and implementation. The IACPM has continued to serve as advocate on behalf of our …
2013
IACPM/Oliver Wyman Survey: Perspectives on the Evolving Role of Enterprise-Wide Stress Testing
Since 2009, financial institutions have been rapidly advancing their use of enterprise-wide stress testing to meet increasing regulatory demands and evaluate their capital adequacy. Enterprise-wide stress testing requires a projection …
IACPM Submits Letter to U.S. Joint Agencies
IACPM submitted a comment letter to the U.S. Joint Agencies regarding the Credit Risk Retention Re-Proposal (SEC 34-70277). The proposal contains an option whereby CLOs can satisfy risk retention requirements …
Credit Outlook Dims in North America Despite Debt Deal
More Stable Outlook in Europe according to Latest IACPM Credit Outlook Survey New York, NY – Despite last week’s deal to raise the US debt ceiling and re-open the federal …
IACPM Publishes Principles & Practices in CPM: Findings of the 2013 Survey
IACPM has published a White Paper on the findings of its 2013 biennial Principles and Practices in CPM member survey. This was the fourth time that the IACPM conducted this study, …
IACPM Credit Outlook Survey Sees Defaults Rising From Recent Low Levels
High Yield Credit Spreads Forecast to Widen as Investors Re-Price Risk New York, NY – Amidst the US Federal Reserve’s consideration of ending its quantitative easing program, almost half the …
IACPM Submits Comment Letter to the IASB
The IACPM has submitted a comment letter in response to the IASB’s publication of Exposure Draft “Financial Instruments: Expected Credit Losses”, detailing its key concerns with the IASB’s approach to updating …
IACPM’s Executive Director Publishes Article in The Banker
The IACPM’s Executive Director, Som-lok Leung, wrote an article for The Banker: How to Run a Bank 2013 on the changing role of CPM in the post-crisis world. In the article, Leung …
IACPM Submits Comment Letter to Basel Committee
The Basel Committee published the consultative document, “Recognizing the Cost of Credit Protection Purchased” (BCBS245). The IACPM feels that the requirements proposed in the document would undermine any regulatory recognition …
IACPM Credit Outlook Survey Close to Neutral as Outlook for Credit Spreads Eases
Respondents Point to Plateau; Outlook for Corporate Credit Defaults Rises Modestly New York, NY – Respondents to the latest IACPM Credit Outlook Survey took a decidedly neutral approach to the …