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…Over 500 structured finance market participants from 200 organizations took part in Principia's best practices survey. We analyzed the results with a focus on investor due diligence requirements as the market returns on a more stable footing.
I would
Read more…Applications managers focus on the wrong risk vectors, and frameworks provide poor guidance for risk management. Agree? Disagree?
New research by HBS professor Anette Mikes and colleagues looks into how accountants, finance professionals, internal auditors, and risk managers (what we call staff function) gain influence in their organizations to become strategic decision makers.
Read more…Our partners from Kesdee prepared a new e-training for you:Basel III - Liquidity Risk Management (Library of 5 courses) which will help you understand these complex issues. Go ahead, browse the trainings offerings and book the ones you are interes
Read more…Am in the process of enhancing performance measurement for our Risk department but would want to quantify our performance as much as possible. What are the key KPIs for Risk staff
Just finished preparing the second installment in our video comparison of ModelRisk, Crystal Ball, Risk Solver and @Risk.
This series compares distribution fitting capabilities of each package.
This should prove interesting to the discussion. Plea
Structural and related non-structural reforms to the UK Banking sector to promote financial stability and competition - one steap ahead of Basle III?
Read more…Does the way communication is conducted make a difference? In a discussion on LinkedIn, I posed the question, "Is respect a dying value?" "Do we treat each individual with esteem?" Is it the advent of global communication that makes the difference
Read more…Financial Reporting Council's Audit unit has given green light to such a practice which compromises independence and controls. It seems KPMG used it's muscle power to get endorsement from FR council, which i believe shouldn't have happened.
Any comme
Read more…Identifying the Right ERM Processes (Risk Assessment)
Quarterly enterprise-wide risk assessment updates have included:
Hedge Fund Compliance Summit
The Hedge fund Compliance Summit was held at Princeton club, New York on November 15 and 16, 2010. Panelist included representatives from SEC and a number of law firms. GlobalRisk Community participated as a media partner
Read more…I was asked many times this question and I just want to hear the real practitioners’ op
Read more…Dear Colleagues,
please allow me to inform you for the International conference which we organized in Bulgaria on 11-12.11.2010. The particular information about the event is available on the website www.transportpolicy.org. We are going to publicize
Recently, I have focused on risk production and control.
Reading through the various regulations and proposals, errors, in the market and credit risk production itself, fall into, and get a little lost within, the op risk side of life. My main issue
Read more…June 13, 2011 - RiskMinds conference - Notes from presentation on Implementing Economic Capital for Effective Decision Making by Albert J. Schulman, VP, Enterprise Risk and Capital Modeling at Nation Wide.
“A Few Simple Questions
June 16, 2011 - RiskMinds conference - Notes from presentation by Phillipa Girling on the Implications of the recent / upcoming changes for operational risk
If you are interesting in Information Risk Management then you should not miss the opportunity to ask your questions to the panel of experts at the major IT GRC conference.
I'm going to attend the IT-GRC conference in Lisbon next week and will be coo
Read more…Discount of 50% on great congress Netherlands.
Go to website subscription- form & fill in ; VIPcode 777
see program attached
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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