With so many risk management standards and government regulations out there that require risk assessments, how should internal audit evaluate the effectiveness of your organization’s risk management program? How would you apply any one of these frameworks to an audit? How do you meet the reporting requirements of so many external stakeholders from regulators to investors…
Added by Steven Minsky on April 29, 2011 at 3:30pm — No Comments
If you’re considering automating your governance, risk, and compliance (GRC) program there are dozens of choices out there and choosing the one that’s best for your program can be challenging.
While many tools out there can document controls and test compliance, managing enterprise-wide governance, risk, and compliance is about much more. It’s about adding…Continue
It contains articles:
1 - Leading Article: Your name is a Precious Commodity
2 - Thinking Quickly - A Quick Reframe
3 - Some Q & A
4 - Selected Articles of Interest & Concern
5 - Stakeholder Reputation Group on Linkedin
6 - Understanding Reputation Risk
7 - Stakeholder Engagement Social Media Style
8 - Upcoming Training & Speaking events
Access it online: http://mim.io/584301 -…Continue
Added by Deon Binneman on April 22, 2011 at 9:16am — No Comments
Added by modeFinance on April 15, 2011 at 6:02pm — No Comments
The purpose of the presentation is to look at some of the key hurdles for Basel III but from a counterparty risk perspective.
Key areas which have been covered include some of the following:
» Understand how new requirements of Basel III…Continue
Added by Martin Davies on April 13, 2011 at 2:30pm — No Comments
An organization-wide risk appetite can be a powerful statement that gives your risk or compliance program direction. However, like any policy, risk appetite without accompanying action is nothing more than an idea.
So how do you give your risk appetite teeth? How do you make it an actionable guide for your…Continue
A presentation has been released by Causal Capital on how to calculate counterparty risk exposure in a bank.
The approach taken in this presentation is to look at how each department contributes to the overall framework for dimensioning Counterparty Risk measures at both a contractual and…Continue
Added by Martin Davies on April 9, 2011 at 9:00am — No Comments
The spontaneous revolutions in the Arab countries resulted in the deposing of the despotic regimes in some of them, while in others /Jordan, Syria, Libya/ they grow in scale through armed clashes and mass peaceful protests aiming the final removal of the discredited rulers. This wave of discontent can possibly incite certain forces in some of these countries to redraw the borders in the region as they were determined with the participation of the European powers in…Continue
Added by Dimitar Zayakov on April 8, 2011 at 6:26pm — No Comments
The situation in Ivory Coast and mainly in the economic capital Abidjan since last year’s presidential elections remains unstable. The newly elected head of state Alassane Ouattara was also recognized by the international community too. In spite of this his predecessor Laurent Gbagbo refuses until now to step down /under the pretext that the elections have been manipulated/ and organizes an armed resistance against the legally elected President. The clashes currently have…Continue
Added by Dimitar Zayakov on April 8, 2011 at 8:32am — No Comments
Dear GlobalRisk Community member,
Many of you recently inquired about tips and suggestions for assisting you in preparing for job interviews. According to a recent report, hiring managers spend 80% of their time evaluating compatibility and only 20% on skill sets during the formal interview process. Understanding how to make an impact during the in-person interview is critical to improving your interview-to-offer ratio. We are happy to share a full webinar recording from…
Added by Boris Agranovich on April 6, 2011 at 9:00pm — No Comments
New proposed rules for Asset Backed Securities have been released by the US regulatory agencies for comment. These rules are aimed at addressing the way in which banks securitize their loan portfolios and are a response to one of the main causes for the credit crisis in 2008.
What lies ahead for banks and…Continue
Added by Martin Davies on April 6, 2011 at 5:00am — No Comments
Added by modeFinance on April 5, 2011 at 9:51am — No Comments
The International Organisation for Standardization has recently published a new ISO standard that targets rating agencies specifically. It announced this release on the 30th of March 2011 and is classifying the Credit Rating Agency Standard as a unique set of requirements labelled ISO 10674. In this article we are briefly going to look at what this standard aims to achieve, why it has come into existence and how it…Continue
Added by Martin Davies on April 2, 2011 at 3:00pm — No Comments
The nuclear crisis still unfolding at Fukushima Daiichi continues to threaten a meltdown as core temperatures and radiation leaks continue to fluctuate. The disaster is one of the worst nuclear disasters in history. However the vulnerabilities at the power station are not isolated to Japan or utility companies; they are common risk management shortcomings in operational practices seen in every country and every…Continue