There is a gap, perhaps more adequately described as a CHASM, that separates what risk managers are trying to do and what is happening in the asset intensive industry. Up from that chasm emerge devastating events that kill people, devastate the ecosy
Read more…I'm compiling a report based on the amount of capital being held by financial institutions around the world, specifically for operational risk events.
One of the things that has struck us is that, in the past, there has been a definite increase in the
Dear professional,
My name is munirul ula, I am doing PhD at Advanced Informatics School,
Universiti Teknologi Malaysia. As a part of my PhD research, I am
conducting an online survey to evaluate the importance level of each
information security governa
Here is a a balanced view on the new ISO Risk Management standard
http://www.scribd.com/doc/30749128/Strategic-Risk-IsO-31000-The-Gold-Standard-CAJL-AD-15-Sept-09
Comments are welcomed
Cheers
Alex Dali
Alex Dali
Telefon: +33 (0) 9 54 91 03 91
Telefax:
The optimist says the glass is half full. The pessimist says the glass is half empty.
The engineer says the glass is twice as big as it needs to be.
The issues of failed regulation, and failed political systems more generally is not one of left or r
Read more…In partnership with Florida Institute of Technology, Business Controls, Inc. is conducting a research survey designed to assess the occurrence of applicant deception in the hiring process. We believe that your perceptions of, attitudes toward, and e
Read more…Hi everyone. I am new to the group and very excited to be here. I work for Business Controls, Inc., one the world's leading risk mitigation firms. We operate the MySafe family of anonymous reporting and case management solutions, as well as offer
Read more…We've just added an electronic cost justification calculator to complement our electronic Risk Score Nomogram. Would really appreciate some feedback before going any further. Download Here
Thanks in anticipation
Is there life after the… crisis?
Some time before the Eastern European (EE) states were on the rise. Lithuania, I am originally from, was called “the Baltic tiger” due to a big growth of GDP (from 2003 it started growing from 9.7%, in 2007 reached as
Read more…Hi Everyone,
I would love to investigate the stories that the recent Cebs stress tests have not been tough enough on European banks.
Is this accurate?
If so, do you think this was a deliberate decision?
In what way could the process have been improved?
If
Can someone share some thoughts on how the new legislation specially around derivatives requiring clearing through Central Counterparty will impact the Credit Risk area (Aggregation, Measurement, Limit Monitoring, Capital Calculations, Reporting etc.
Read more…The Great Recession of 2008 has been a real eye opener. These days everyone talks about the "complexity" or "interconnectedness" of the global economy. More recently we have had Greece to further underscore these points.
But can economic complexity b
One's own creativity can go only so far, and some days it depends on many factors like whether you had a good cup of coffee in the morning or how was the weather outside.
Over the past months I have built and grew GlobalRisk community, but right no
Gerard van Vliet deposited his live savings in an Icesave account and lost it within 6 weeks! It made him an expert on the Icelandic crisis and an angry wasp' for all authorities involved. What made the biggest financial scam in the Banking History
Read more…Is anyone using a trading platform that has good reporting tools? It amazes me that even the market leaders don't have time based historical data on positions? Surely managing risk has to account for how well your strategy has worked in the past and
Read more…Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question. Some of the topics include: How do you Explain Risk Appetite? How to Prepare a…
Read more…I have just published a guide on PEPs screening requirements around the world and would like to know if anybody has any feedback on it? https://complyadvantage.com/blog/politically-exposed-persons-peps-screening-requirements-around-the-world/CA-PEP-Screening-Map-FINAL-V7 (1).jpg
Read more…We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…
Read more…Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…
Read more…We have an interesting question from one of our members. "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…
Read more…The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…
Read more…The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.
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