Greetings from Japan.
Together with other risk-manager I'm doing some research on the
theme of "risk management against the risks beyond supposition". e.g.,
the tripple disasters of earthquake, tsunami and nuclear accident...
My findings so far indicat
Read more…In my opinion, the reliability of EU bank stress test is not only undermined by the “not-stressful-enough” scenario, but also (and perhaps even more importantly) by the methodical limitations of Core Tier 1 capital ratio calculation (which was the cr
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…Hi All,I am new to the group but am very interested in understanding risk management initiatives in India. There are some very large companies in India with well known executives, but my observations lead me to believe that the risk management discip
Read more…Dear professional,
My name is munirul ula, I am doing PhD at Advanced Informatics School,
Universiti Teknologi Malaysia. As a part of my PhD research, I am
conducting an online survey to evaluate the importance level of each
information security governa
See attachments [2].
As the article mentions VAR; an explanation of VAR
Read more…Dear Globalrisk Community member,
We are very happy that many of you decided to take courses offered by GlobalRisk Community in cooperation with Kesdee.
For all those who are still planning to do trainings in the area of Finance and Risk we prepared
Read more…
“You have to risk going too far to discover just how far you can really go.” T.S. Eliot
Dear GlobalRisk Community member,
Agenda
1. Bin Laden's death and how it will affect the risks
2. The issue highlights: latest questions, discussions,
I attended the MarcusEvans ERM-Canada Conference first day of a two day conference on behalf of the GlobalRisk Community.
For starters, the attendance was really high and the speakers were insightful and provided useful information for all attendees
Read more…A government guarantee has a huge potential value, but it is seriously devalued when it does not guarantee the right thing. I estimate that the UK government may be paying up to 2% p.a. additional interest for this reason. Other governments likely pa
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GlobalRisk Community - I will be reporting from the Enterprise Risk Management in the Banking Industry Conference this Thursday and Friday in NYC.....I will be posting the session topics later, so you will be able to direct specific questions to the
Read more…Perhaps you should revisit your risk management processes, identify key suppliers and counterparts at risk, assess your models, run effective scenario analysis with your senior management and adjust your contingency plans. Strong liquidity positions
Read more…Ensuring Pillar 2 Adds Value:
Update on Basel III:
Today after emphasizing that the views in the presentation are his and not those of the Federal Reserve Bank of New York, Marc Saidenberg gave a presentation entitled “Basel III – Inside the New Provisions for Liquidity Management
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…Is anybody out there interested in / knowledgeable about means of quantifying risks arising from buggy software? My interest is mainly in how this is done in the banking industry, for instance measuring the risk of an algorithmic trading system in an
Read more…The 4th Annual Enterprise Risk Management Conference will be held on March 10th and 11th. I will be attending this conference on behalf of the GlobalRisk community and will report back with key observations and discussions from the conference. I will
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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