Risk Models Are Not to Blame for Financial Crisis.
RMA and the Securitization Risk Roundtable told a Congressional panel that the leading causes of the current crisis are government policies, the regulatory framework, financial market structure, and profit sharing/incentive structures.
Click Here to Read the Comment Letter (PDF)
Read the Viewpoint article in the American Banker written by Aleem Gillani, chair of the RMA Market Risk Council and Joe Masri, Market Risk Council member and Chair of RMA's Securitization Risk Roundtable.
Viewpoint: Don't Blame Crisis on Risk Models (PDF)
RMA serves market risk practitioners at both the larger-institution and smaller-institution levels.
For larger institutions—where market risk management and its related technologies are well known and mature—RMA provides peer sharing and professional development opportunities through roundtables in North America and Europe. RMA also undertakes surveys, benchmarking studies, and best practice papers. Recent projects include:
For smaller institutions—where the market risk function is part of the asset/liability management process—RMA offers beneficial training through both open-enrollment and Web-based courses. The RMA Journal® also regularly carries articles on market-risk-related topics.
Upcoming Events
Roundtables
Roundtables bring together small groups of senior bankers who have a common interest in a particular issue. Over the course of a day or two, these senior bankers explore continuing and emerging opportunities and issues in an environment that provides both formal and informal opportunities for sharing ideas. Attendance at roundtables is by invitation only to ensure focused discussion. More information about RMA roundtables.
Comments or questions relating to market risk management within RMA may be addressed to Christopher Kunkle, Director, Market Risk and Securities Lending at ckunkle@rmahq.org or Fran Garritt, Associate Director, Market Risk and Securities Lending at fgarritt@rmahq.org
|