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
I'm not sure I am 100% ok with bringing Ebola into the USA like this. All it takes is one stupid mistake, one minor slip of a needle, and BOOM! - Vector control. No matter how well-trained/prepared/ rehearsed the people handling this individual are
The revision to ISO 9001 scheduled for publication next year is strongly risk-based.
I'm writing an article for Quality Progress on risk-based thinking. I'll check with the publisher to see if I can send out a copy to the GlobalRisk Community. Sandf
I am having a debate in the workplace at the moment regarding access to an organisations finance system. I recently carried out an audit in an organisation and the Senior Finance Assistant was in charge of modifying access to the system so they
The Directors and Chief Risk Officers group (“the DCRO”) today issued its guidance to organizations seeking to better govern risk through the identification and recruitment of Qualified Risk Directors to their boards of directors and risk committee
I am looking for competent people in banking and financial services to form a group that may start a revolution in the way that lending risk is managed.
The theory is all in place on my blog, one of the most visited and around which Boris Agranovich k
HML—which specialises in financial outsourcing for financial institutions in the U.K. and Ireland—needed to improve operational risk management to avoid unnecessary losses and bolster compliance. The firm relied on spreadsheets and disparate database
In response to last week's hurricane, BrightTALK has scheduled a new event - Business Continuity and Disaster Recovery, with specific focus on the aftermath of Sandy.
Your valuable inputs are requested for gaining a detailed insight into the ISO 22301 (specification for BCMS) to help us standardize our upcoming IT DRP/BCP development & establishment effort for a telecom operator in pakistan.
5 Profitable Strategies For Employers, Brokers, Wholesalers, Carriers, Service Providers For Dealing With PPACA/Obamacare! Profitable Solutions For The PPACA/Obamacare Disruptive Changes! Opportunities for 2013 and Beyond!
I’m doing research for a white paper on the growing load of disclosures that companies must make to government regulators, investors, capital providers, etc. Corporate controllers and finance directors tell me that regulators have gone overboard in t
Alongside Myanmar’s political reforms tens of billions of dollars in foreign direct investment are flowing into the country. But investors chasing high returns have overwhelmed fragile, newly opened economies in the past. Rangoon’s undeveloped financ
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…
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
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…
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…
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.…
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…
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