Q&A: Shell Gas Direct’s Mike Hogg
Turning up the heat
Major energy and commodities end-users could be among the worst hit if US and European regulation does not stipulate exemptions from a range of financial market reforms. The recession hangover, market price volatility and new bills to tackle climate change, all add to the mix of issues end-users will have to overcome to survive.
In the US, July saw the passing of the Dodd-Frank Wall Street Reform and Consumer Protection Act, giving regulatory authority for the over-the-counter derivatives (OTC)
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Analysing failures and losses at energy firms can underscore the value of consistent, high-quality risk management
How quants shaped the modern energy markets
The business models of today’s utility firms are built on quantitative analysis, but the introduction of these techniques in the 1990s was far from smooth
Interview: Vince Kaminski
Market veteran Vince Kaminski discusses the biggest risks to energy firms today and whether risk teams can ever prove their value
Mounting risk prompts refocus on integrated energy risk management
Energy firms are facing heightened risk due to shifting geopolitics, climate change and the energy transition. As market, credit and enterprise risks ramp up, the need for improved integrated risk management is growing, say risk managers
Energy supply chains seen as a growing risk
Supply chain risk is now a major concern, with some firms even viewing it as an existential threat, survey finds
Can behavioural science curb rogue traders… and compliance costs?
Instead of using surveillance to catch endless bad apples, experts urge banks to clean the barrel
Former regulator urges new approach to AI explainability
Ex-OCC chief Michael Hsu suggests shift from academic analysis to decision-based techniques
