| Basel III liquidity standard and strategy for assessing implementation of standards |
 |
The Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 8 January 2012. The main items of discussion were the Basel Committee's proposals on the Liquidity Coverage Ratio (LCR) and its strategy for assessing implementation of the Basel regulatory framework more broadly. |
| European Disunion indecision 2011 |
 |
At a closed-door meeting in Washington on April 14, Europe's effort to contain its debt crisis began to unravel. |
| 9 December 3 AM: Statement by euro area heads of state or government |
 |
action in two directions: - a new fiscal compact and strengthened economic policy coordination; - the development of our stabilisation tools to face short term challenges. |
| European Commission Green Paper on the feasibility of introducing Stability Bonds - Official Version |
 |
This Green Paper released today (23 Nov 2011) assesses the feasibility of common issuance of sovereign bonds among the Member States of the euro area. |
| Will Merkel Change Her Tune on Stability Bonds? |
 |
Brussels on Tuesday (the day before they will announce their proposal for a Stability Bond) intensified pressure on Berlin to consider a new proposal for the implementation of euro bonds, but resistance from Merkel's center-right coalition remains fierce. |
| Niall Ferguson on United States of Europe 2021 |
 |
Welcome to Europe, 2021. Ten years have elapsed since the great crisis of 2010-11, which claimed the scalps of no fewer than 10 governments, including Spain and France. Some things have stayed the same, but a lot has changed. |
| What price the new democracy? Goldman Sachs conquers Europe |
 |
While ordinary people fret about austerity and jobs, the eurozone's corridors of power have been undergoing a remarkable transformation |
| Cutting Eurostat to Pieces |
 |
...Then there was the question of Greek entry into the EURO. While Greek data was being checked in Luxembourg this writer asked one or two dozen of his colleagues whether they thought that Greece was as ready for monetary union with Germany in reality as in the data submitted. The replies ran from smiles to chuckles and the odd belly laugh. |
| Flash estimate for the third quarter of 2011: Euro area and EU27 GDP up by 0.2% |
 |
GDP increased by 0.2% in both the euro area (EA17) and the EU27 during the third quarter of 2011, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union. |
| US Bank exposure to PIIGS |
 |
Five US banks have released some data of their exposure to PIIGS. |
| Economist: Europe's deepening crisis |
 |
The interactive graphic (updated November 10th 2011) illustrates the depth of the problems that the European economy faces. The euro-zone crisis reached a critical stage when Italy joined the seven per-cent club, the group of euro-zone countries whose borrowing costs (as measured by ten-year bond yields) have gone above 7% and stayed there. |
| Autumn forecast 2011-13: Growth at a standstill |
 |
The recovery of the EU economy has stopped. Sharply deteriorated confidence is affecting investment and consumption, weakening global growth is holding back exports, and urgent fiscal consolidation is weighing on domestic demand. GDP in the EU is now projected to stagnate until well into 2012. Growth for the whole of 2012 is forecast at about ½%. |
| ECB Overnight Deposits 2011 (statistics) |
 |
Lenders increased overnight deposits at the European Central Bank to the highest level in more than 16 months. Banks parked 299 billion euros ($412 billion) with the Frankfurt-based ECB yesterday, up from 288 billion euros on Nov. 4. That’s the most since June 30, 2010, and compares with a year-to-date average of 71 billion euros. |
| The big fat Greek Drahma |
 |
Act 1: A crafty move. Act 2: Everything falls apart. Act 3: Personal resolution |
| EZ politix is not a Western movie |
 |
an essay for the Cannes G20 - is the Greek referendum not real democracy? Is it not a referendum on Brussels ? weakness and stupidity at the apex in Brussels is what is embarrassing all of us as European citizens, Merkel put the idiots in charge in Brussels now she is scapegoating Greece for her own mistakes - |
| Windows Server 8 |
 |
Microsoft has not announced a ship date for Windows Server 8, although roadmap documents released some time ago pegged it for 2012 (earning it the nickname of Windows Server 2012). A developer's preview of Windows Server 8, including Hyper-V, was made available during Microsoft's BUILD conference in Anaheim, Calif., in September. |
| Biggest credit crunch bankruptcies so far in US |
 |
Two years have passed since the first list was compiled here at Asymptotix. Now with MG Global Chapter 11 filing, we though it's time to update the list. |
| My first contribution to Drupal.org |
 |
I made my first contribution to Drupal.org. It concerns redirections of login. |
| Flash estimate October 2011: Euro area inflation estimated at 3.0%; unemployment at 10.2% |
 |
Euro area annual inflation is expected to be 3.0% in October 2011 according to a flash estimate issued by Eurostat, the statistical office of the European Union. It was also 3.0% in September. |
| Who is the biggest clown of the Credit Crisis? Vote now! |
 |
Who is the biggest clown of the Credit Crisis? Cast YOUR vote here! |
| G-20 Summit Cannes 3-4 November 2011 |
 |
The Group of Twenty (G-20) is the premier forum for international economic cooperation. This week van R and his pack will present a pledge that not only China should cough up the 560 million euros to realise the 1 trillion euro SPV (hosted at a mailbox office (same office of Planistat!!) in Luxembourg), but all the G-20 should be "responsible"... |
| What is Drupal - presentation |
 |
Last week I made a presentation "What is Drupal?" to a group of Sharepoint developers. It was quite interesting to see how they reacted and the discussion was intense! I have added the presentation here, save from a few slides I had to delete due to the contents that would reveal the back-end set-up of the client. |
| The errors are manifold - Sarkozy: Greece should not have been in the eurozone - Soros: Same goes with Italy |
 |
French President Nicolas Sarkozy has said it had been an error to admit Greece to the eurozone in 2001 but said he was confident the country could emerge from its debt crisis. George Soros went even further and said that it was wrong that Italy joined too. |
| The EBA details the EU measures to restore confidence in the banking sector |
 |
The European Banking Authority (EBA) supports the agreement at EU level on measures to restore confidence in the banking sector. These measures form part of a broader package aimed at addressing the current situation in the EU by restoring stability and confidence in the markets. |
| Official version: Main results of Euro Summit |
 |
Secure the decline of the Greek debt to GDP ratio with an objective of reaching 120% by 2020. Euro area Member States will contribute to the PSI package up to 30 bn euro. The nominal discount will be 50% on notional Greek debt held by private investors. |
| EUROZONE SUMMIT: METRIC OF SUCCESS |
 |
Understanding what a Central Bank is for / The Boundaries of European Financial Institutional Architecture: WHAT IS THE METRIC OF SUCCESS OF THE FINAL EUROZONE SUMMIT CONCLUSIONS ? |
| Crisis Mis-Management in Brussels! They sure aint doin it by the book! |
 |
Crisis Mis-Management in Brussels! They sure aint doin it by the book! |
| Asymptotix diagnosis of european problem & proposal of a solution |
 |
Asymptotix diagnosis of european atrophy & a solution proposal - basically because bureaucrats can't hack it! |
| The Asymptotix Manifesto for a Solution Blueprint in Risk Management |
 |
Our Manifesto for a an IT systems Solution Architecture Blueprint for the Risk Management requirement of today is provided in the following 14 references to asymptotix pages. |
| A Man worth Listening to: Jan Kees de Jager |
 |
Dutch Finance Minister Jan Kees de Jager - A Man worth listening to this week, run into the Emergency Council |
ddblock - News item slideshow
Asymptotix & Facebook
Are the key legislative pillars such as Basel II & III, UCITS IV and Solvency II forcing you to re-examine how you identify, measure and manage risk and capital?
Asymptotix work closely with our partners to help clients develop a more proactive, systematic and integrated approach to governance and risk management to deliver proper value.
Asymptotix can offer the support you need to deliver on time. Read more...
Is the goal of your website to sell services or products, educate, or collect data?
A positive customer experience is vital to conversion, no matter what your conversion goals may be. Our designers and developers will create a positive experience to maximize your conversions and deliver the optimal return on your investment. We strive to find the perfect balance between the web site’s design and functionality.
Asymptotix implements interactive solutions for European companies. From corporate websites to social communities, our clients will tell you an investment in building a scalable online experience will deliver long-term tangible benefits.
Based in Luxembourg we can help you all over Europe. Our multi-lingual team can work with projects and speak your language! Read more...