Monday, March 31, 2014

MoneyScience News

MoneyScience News


Published / Preprint: 31Mar/Guidance on external audits of banks issued by the Basel Committee

Posted: 31 Mar 2014 03:57 AM PDT

Press release about "Guidance on external audits of banks issued by the Basel Committee" (31 March 2014)

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Blog Post: TheFinancialServicesClub: Basel III: a mess of regulatory conflicts?

Posted: 31 Mar 2014 03:52 AM PDT

I chaired a meeting recently between counterparty banks.  The focus of the discussions was Basel III and, specifically, three new regulatory ratios required for banks to manage:read more...

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Blog Post: WealthandCapitalMarketsBlog: Sizing the Retail Investor Market: An Analysis of Western European Market

Posted: 31 Mar 2014 03:28 AM PDT

In the second of three reports that analyze the retail investor market, this report addresses six Western European countries with respect to their retail investor market, countryĆ¢€™s overall economic health, regulatory drivers, and wealth management market maturity and sophistication. Celent will conclude by stating its findings on these six countries and in which of these countries wealth...

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Published / Preprint: 31Mar/New approach for measuring counterparty credit risk exposures finalised by the Basel Committee

Posted: 31 Mar 2014 02:17 AM PDT

Press release about the "New approach for measuring counterparty credit risk exposures finalised by the Basel Committee" (31 March 2014)

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Published / Preprint: A Note on the Quantile Formulation. (arXiv:1403.7269v1 [q-fin.PM])

Posted: 30 Mar 2014 05:55 PM PDT

Many investment models in discrete or continuous-time settings boil down to maximizing an objective of the quantile function of the decision variable. This quantile optimization problem is known as the quantile formulation of the original investment problem. Under certain monotonicity assumptions, several schemes to solve such quantile optimization problems have been proposed in the literature....

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Published / Preprint: Information theoretic approach for accounting classification. (arXiv:1401.2954v2 [q-fin.GN] UPDATED)

Posted: 30 Mar 2014 05:55 PM PDT

In this paper we consider an information theoretic approach for the accounting classification process. We propose a matrix formalism and an algorithm for calculations of information theoretic measures associated to accounting classification. The formalism may be useful for further generalizations, and computer based implementation. Information theoretic measures, mutual information and symmetric...

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Blog Post: TheAlephBlog: Sorted Weekly Tweets

Posted: 30 Mar 2014 07:20 AM PDT

Rest of the Worldread more...

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