point

 

 Remember me

Register  |   Lost password?

 

Next Dates: - Introduction to QuantLib Development with Luigi Ballabio, September 2 - 4, 2013 - £1700

 


All About Alpha Logo


EDHEC Survey: Contracts, Not Regulation, Should Clarify Restitution

Tue, 08 May 2012 19:13:16 GMT

The issue of restitution for loss has been very much on the midns of the asset management industry over the last four years. As EDHEC observes in its new report on non-financial risks, “The collapse of Lehman not only [showed] the world that a systemically large institution could fail; it put … the question of international cooperation and rules harmonisation on centre stage. Restitution may be rendered impossible, at least under reasonable delays, in extreme cases such as the default of an institution – reputable as it might have been.”

, , , , ,