Recently, the RiskSpotlight team conducted a detailed analysis of the content within COSO ERM & ISO 31000 documents. Our analysis revealed the following: -
RiskStudio is a bi-monthly podcast on risk management topics. The latest episode covers an interview with Rob Jeges on Implementing Risk Appetite within ISO 31000. In this interview he covers: -
Hello All,
My name is Brock Meeks and I'm the executive editor of BRINK, a new website that deals with issues of global risk. BRINK is made possible by the Marsh & McLennan companies; the editorial side is run by Atlantic Media Strategies, the digital
Read more…This past Friday the Academy Building of the prestigious Dutch Leiden University filled up with students eager to know more about the financial crisis and its consequences.
The master class, organized by the student council of the local Rabobank branc
The fourth book in the Global Risk Series is dedicated to one of the most popular discussions among seasoned risk professionals - GRC vs ERM.
Is ERM more a methodology for managing the entire spectrum of risk while GRC is more a technology platform
Read more…The third book in the Global Risk Series is dedicated to IT and Cyber Risks.
Rapidly changing and advanced technologies are making it increasingly difficult for companies and governments to manage and secure confidential data.
According to the 201
Whatever the exact outcome, the ECB’s comprehensive bank assessment is the main thing to watch over the next 12 months in European banking.
I have started a series of articles on this, see:
Part 1 (Introduction and background): http://blog.logicoffinan
Read more…My companies see the Accounts and Finance department as back office service. Your opinions and views are sought on this statement
Read more…Dear Sir/Madam,
Are you a practitioner that encountered supply chain risks, such as regulatory changes, infrastructural risks (in production capacity and IT systems), and catastrophic risks (terror attacks, epidemics, and natural disasters), in recent
Read more…Let's take a close look at Telemedicine/TeleHealth/Mobile Health! (See Below For a List of Providers and our Recommendation).
What is Telemedicine? ATA - American Telemedicine Association, provides "Formally defined, telemedicine is the use of medical
Structuring and offering a Private Exchange to assist Employers, Employees, and Individuals in the decision-making processes requires a new set of tools and the proper choice of directions!
Private and Public Exchanges - A new Employee Health Insuranc
Read more…It has been 3 years since the launch of the GlobalRisk Community site in February 2010 and now is a good time to share our best content with you, presented in the form of an Almanac.
After reaching the mark of over 14,000 members, 1000 blog posts and
Are you interested in discussing relationships among ICT Risk Management, Systems Development Life Cycle and Enterprise Architecture? What are the dependencies?
Here are several thoughts to start this discussion:
http://sysaffairs.org/channels/system-d
Read more…Experts, Do you have idea about definition of Cash-flow at risk. I consider it as tool used by nonfinancial firms or corporate finance. Cash flow refers to operational cash flow, and time horizon, in general, will be on quarterly, semi-annual, or an
Read more…I am looking for some practical guidelines and/or references on how to measure and calculate risk capital charge for capital adequacy for a medium size financial institutions that has islamic finance.
Read more…The Election Is Finally Over! It's time for Brokers and Employers to grasp and plan for the "Disruptive Change" with Innovative Plan Strategies and Designs!
The wasteful and negative election period is now over! PPACA/Obamacare is here to stay! Thos
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.
For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!
