When we take a black-and-white perspective, is it rather:
(a) actually controlling risk, or
(b) legalizing / justifying / legitimizing (or whatever we call it) taking more risk for less capital (in the frame of the given regulatory framework, of course
I would like to receive updated information about credit risk principles. The Bank of Israel has recently published a supervisory framework based on BIS "Principles for the management of credit risk" (September 2000). In their circular they emphasize
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 postsand
Many of our members are constantly asking questions related to the various software solutions available for trade and risk management such as Murex, Calypso, Kondor, Misys and so on.
I would like to open this discussion forum so that members who have
I've been invited as a Speaker at an Executive and Corporate Secretarial Conference in March and the topic is around their role in Risk Management : to ensure compliance and crisis handling in the organization
This case is about the impact of an environmental factor (External issue) on dividend policy of the firm (Internal issue). The environmental disaster was Hurricane Katrina which was caused the huge destruction across the south-eastern United States.
The purpose of this article is to obtain all subsets of a set by using of Classical or Fuzzy set theory and a VB code written by Myrna Larson. The power set has many applications in the fields of engineering such as control valves in piping and proce
Many of you might have experienced your technology team advising that the decision has been made to follow an Agile SDLC rather than your traditional development approach to deliver some upgrade or new technology for your Risk business – what does A
How will this develop within an individual steel making company? Will it evolve at all or is it (considered) too risky and if it will develop, will it be p
The currency of diplomacy is conversation and there’s no shortage of that commodity. A host of international gatherings took place recently including the G20 in the beach-side resort of Los Cabos, Mexico and the Rio +20 Environmental Summit in Brazil
Some countries have been considering ring-fencing of the retail operations of their large banks into separately capitalized subsidiaries, thus, in theory, allowing the investment banking divisions to fail, while their retail operations remain unaffec
Increasing regulatory pressure (Basel 3 and Solvency 2) coming along with the debt crisis might push smaller and medium sized companies to look for stronger shareholders and partners.
What do you think about the future trends in the M&A field in glob
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:
As you probably know, our community participates in the SAP CFO Intellectual Exchange Network (IXN) which allows us to get some fresh research from the top companies prior to it being publicly released. In addition, from time to time, we share resear
Neil Stanley from Bank Performance Strategies, in Omaha, Nebraska sent me a link to an interesting article he posted late last week on the BAI website in the US.
His article touches on, inter alia, the need to have more confidence, take some risks and
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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