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…The results of "2010 Risk management Compensation Survey" (conducted by National Underwriter in partnership with Logic Associates in USA)
By Sam Friedman
http://www.globalriskconsult.com/compensation
I have uploaded a salary & benefits guide 2009-2010 from Robert Half Netherlands (in Dutch) for Financials.
I encourage members to upload similar guides from their respective countries.
Have a look at the best white papers on Risk management. Everybody is welcome to add as many new white papers as he wants. To do so, please use the Upload Files and Add Reply buttons.
Read more…I am doing a research on disruptive technologies that will change the way Financial Industry operates.
The areas are: Bank Risk; Single Sign On; Fraud Detection And
Prevention; Risk Management; IT Risk Management; Basel; Banking
Regulations.
We are currently launching a tax risk management short-term insurance policy that will provide smaller businesses with a tax risk matrix to complete, so as to identify and reduce any tax risks, and the policy will pay out if the business is subjected
Read more…PRMIA Houston Chapter invites you to join us on March 31st for an evening event (6-8 PM CST) with Carly Larry at the Allen Center, in the Forum Auditorium.
Sponsored by Bloomerg (and event will also be covered by Bloomberg):
Carl will be presenting "
Go ahead and use this discussion to tell the members about yourself. Who you
are and what you do... Have fun.
So feel free to get involved and say hello to your fellow group members - we want to know more about YOU!
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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